The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Yes I agree with EUZ it’s not a straight forward equation….too many ifs and buts. Likewise with Denerius. Maybe Newco (JV between EMI and Denerius) will break away and list on Spanish stock exchange….who knows but anything is possible with this lotto ticket.
Anyways..thanks for getting back and I honestly hope it comes good for you. Squeaky bum time with MLA ….:-) GL.
Sheds…trust you are well. I thought I would pop in to wish you luck with the MLA.
If you really want to invest in Toral you need to buy Denerius shares. I hate to say it but Highside has it spot on when he says we were invested in EUZ and not Toral. All EUZ will do is take the money and buy another exploration license somewhere and rinse and repeat. Myles I am afraid has never added any value to EUZ and it’s gone one way since Moonlight days. Good luck though with the MLA but I think the market has EUZ sussed and I don’t see any major shift in the SP even with a mining license as EUZ is not part of Newco and will own 20% which no doubt will be sold for peanuts again.
Good post Rabito…very much appreciated. I have also before reported these blatant defamatory statements to FCA and they don’t seem to take any action as the likes of Louis continue somehow to operate ….I think the more people who report these false claims the more likely they will at least take some action. I even tried market abuse….but they don’t seem interested either….rather sad situation when it comes to governance and AIM.
Well I hope Oilman Jim has a lot of money to pay for lawyers once PANR board view his latest post of having the look of a penny stock fraud……this is one hellavu statement to make without any evidence…..please keep posting Louis…..it will easy to serve the summons then.
Check here….. https://www.lse.co.uk/ShareTrades.html?shareprice=EUZ.GB.PL&share=Europa-Metals-Ltd
From the latest RNS…. Hole TOD-044 has been completed with assays having already been sent to the labs and TOD-045 and TOD-046 are currently being drilled with targeted depths of approximately 610m and 810m respectively.
TOD -043 was drilled to 491 meters. So in total the 3 holes will be 1911 meters.
In the operational RNS…. As part of the initial twelve month work programme agreed with Denarius Metals the current drilling campaign of 11 planned holes for a total of up to 7,000m.
So we still have another 8 Holes to go with about 5000 meters drilling.
The MLA is due by 31st July 2023 so in my opinion it would appear that the mining license application is not dependent on the drilling campaign. So this in effect means that the funding guarantees for developing the mine which must accompany the MLA must already be in place. ? Now why was this not RNSd?
And then the question needs to be asked why is exploration as such still taking place after the MLA ?
So maybe you are correct Chrisp and these holes will be aimed at Cu ?
But I do know Highside is 100% correct when he says no one knows the plan…..sometimes I think even EUZ management don’t know the plan.
Just my thoughts. GLA.
“Further updates regarding the sale process will be made as appropriate and, at present, there can be no guarantee that Eurasia will enter into binding agreements.”
So if the BOD are not sure about a sale of assets how can anyone on this BB be so sure ?
Shareholders imo left LC no other option by blocking further fund raising as KIBO in effect would have been liquidated if they could not raise further capital to operate. This is therefore a direct consequence and in my honest opinion PANR would have gone under had LC not done anything. Shareholders should be thankful having re read this a few times as in a way PANR stays afloat…..for how long who knows.
Louis…the fact they they are supporting PANR in the data room and putting their reputation on the line and in a way having the inside track….tells me they are very happy indeed to be in this position.
When I originally invested here it was based purely on the compelling business case for the creation of a mine in order to mine these resources. Since they have given away 80% in effect of the business case the returns will be substantially reduced and perhaps even the profits earned from the 20% ownership will be worthwhile…I somehow doubt it though but never the less for those who stayed in all the very best for you and I honestly hope this will come good for you at some stage. Mining will only commence in about 3 years I reckon providing the funding will be available. The Junta will want guarentees before providing the license. GL all.
Well done Chrisp… I read the below link this morning and it seems there is a common thread of manufacturers getting closer to mining houses….I remember once the junta was speaking about a car battery plant near Toral….has anyone still got the link ?
https://www.mining.com/web/monumental-shift-in-way-junior-mining-stocks-are-valued-is-coming/