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So it’s the export side then where the EU have made it unattractive to import from the UK ? Wow….talk about a double edged sword !! Well if I were you I would consider hosting my website in EU and appointing a local agent…..so you don’t even have to import anything from the EU……you source and sell it and distribute in the EU if that’s your target market. GL Highside and I wish you good health and wealth and happiness.

I have exactly 13 months left for retirement as well…..sorry to hear you not in good health at the moment Highside. Yes Brexit never helped you at all if I remember correctly as you have or had an import business and took a huge knock overnight. …paying extra import duties and taxes. Then along comes Covid to put the boot in….and then EUZ…..yes definitely been through the mill……Let’s hope Denerius do something really really well and quite quickly as well so you and many on this bb can actually reap the harvest of the seeds they have sewn over the last few years…..hopefully not on baron soil.

Same as me Bobby……so much to learn and earn and so little time !! LR is the sole reason why I’m still working !! Should have retired 5 years ago ….instead stuck R2 million that’s ZAR into a 1.5% ownership of EUZ…so in the end added 6 Years onto my work life :-) So you must be in a similar situation. Good lord !! It’s starting to seem like we are the same person :-)

Definitely Aris mining …..majority shareholder in Denerius.

Don’t forget Sheds !,,, the reduction in resource on Jorc as we included some guys farm that wasn’t ours :-)……the promising of value events in RNS’s…..the one too many dilutions after talking Europe funding and non dilutionary strategy….? Conrad ?….Data room was open in 2017 I think….and what we end up with ….I can go and on but it’s just not worth it anymore. Let’s see what Denerius management team can do with this….Denerius….Lundin ties me finks.

Suppose that’s what we get when we actually outsource our expectations and hard earned to a management team that are now in hindsight incompetent. LR turned out to be just as bad as Mr Teeth unfortunately in the long run.Both made some terrible decisions for shareholders. And me like a fool defended them tooth and nail on this bb. Well I got both in the end….toothed and nailed. !!!

Lols….had to laugh….remember the heady days when I offered to book everyone into a hotel in Spain for a weekend and Sheds was going to pay for the drinks if I remember correctly…….yes definitely we all deserve better….even good old Bobby Beal and Oiltap :-)

Seems like EMI is making money which is interesting…….from the last RNS
The Shareholders' Agreement is governed by Spanish law.
For its financial year ended 30 June 2022, EMI reported an unaudited profit before tax of approximately €100,000.

The way I read option 2 Chrisp is if it not exercised by Denerius. Denerius will need to transfer 2 % of their shares in EMI back to EMI so EMI will have the controlling stake of 51% which Denerius now has. So EUZ are not in charge now and will only be in charge as per above. ie if Option 2 not exercised. Best D

Yes it is highly likely they get involved in ESG supply or recycle chain type projects and a number of opportunities can spring off of this. From what I understand there are still 4 projects that MC and team are evaluating and I am not sure why they just don’t share these with us as a shortlist so at least we know where they are at !!

Nice find Money….who do you think (if we do get this funding) will it go to EUZ or Denerius or the Newco ? My guess is it will not go to EUZ but possibly EMI or the new JV company ?

Sorry if I have triggered any sensitive alarms with anyone but this a discussion board but I want to re-iterate these are my views and thoughts having analyses a few decisions made in the past and rereading the RNS’s. This is why IMO EUZ desperately desperately need another project otherwise they will cease to exist and who knows maybe a payout to shareholders eventually.

In fact thinking about it more….the whole of Newco could be bought out by one of the bigger mining houses as Denerius is also an exploration company !!! :-)

Sheds….think about it….how will EUZ pay for further exploration of 1 of the 4 opportunities they are currently exploring ? Forgetting about the initial purchase…..wouldn’t the sale of their 20% ownership be an ideal fund raise ? No further dilution then as well ?

And my longer term prediction is EUZ 20% will eventually be bought out of the Newco formed between Denerius and EMI and will remain an exploration company based in Australia with listings on the JSE and LSE ……:-) I guess you can see why I had my fallout !!!

That’s why EUZ has 4 projects still on the table they are considering…..it will give MC something to do :-)

Exactly my thoughts Highside.

@Highside ….it’s more EMI and Denerius than EUZ now….that’s the way I read it anyways.
The JV although all press pointed to JV between Denerius and EUZ it’s more a JV between Denerius and EMI…..EUZ as far as I understand are almost out the picture now …..this is my personal take though…please don’t shoot me :-)

Let’s hope that never happens Chris otherwise we will both be up the creek without paddles :-)

Hilarious !…..rolling on the floor :-)