Member Info for BricksSA

Ffs….this explains it all to any investors….how thick must one be ??? Read !!!!
Operating loss £24,071,363 (2020: £6,473,547 loss);

Aucs…freudien slip ? Exiting aim perhaps .

Wow…what a faux pas…. next exiting phase of development….. exiting or exciting .

Or perhaps do some more research on MC….I mean…is he good at liquidating companies ?

I think it’s still one of a few things Sheds….and 1 being another fund raise is top of the list.

I suspect you may be correct on this one Patient….the year end results for 2021 are very late and I think they might just be kicked off AIM….were they not due by end March ?

So Sheds if I read you right…nine years for exploration in the mining industry is deemed ok ?

A company that has not generated revenue for over 3 years…sucks loonies in to invest ….thinking about consolidation…even has the cheek to RNS it whilst buying Brown stain or Bloomberg lol…….and no mention since…however a corporate presentation is available on their website for new investors to get suckered in…. Been there done it seen it all before. A fool and his money are easily parted as previously posted here.

Thanks Sheds….wish you had found this 3 months ago !!!! It clearly states…. “and the permit can last for 3 years that can be extended for another 3 and exceptionally for additional periods.”
…..so we are in the exceptional stage…think about it…Goldquest had the first exploration license…FCR…the 2nd 3 year license…..now the third exploration license for EUZ….hence issued exceptionally as per the law you posted. Thank you. And yes it puts it to bed once and for all. Best D

Unless of course we have an investigation license which is granted for 3 years and we still haven’t as yet got our exploration license !!!!! And it was RNSd as an exploration license incorrectly !! Never know with EUZ….

So the fact that we got it for 3 years I would guess makes it exceptional.

Also in the below article…. For minerals under sections C and D:
Exploration permits have a maximum duration of one year, which can be extended for an additional year.
Investigation permits have a maximum duration of three years, which can be extended for up to another three years, and in special cases for subsequent terms, if a previous assessment of the characteristics of the petitioner, the mining works (expected and already carried out) and the site has been carried out.
Exploitation concessions for minerals under sections C and D have a maximum duration of 30 years, which can be extended for equal periods up to 90 years.

Lols..re read the below….you would have made a better decision only if they actually manage to pull it off before expiry date of exploration license. I really do believe EUZ is in last chance saloon.

Yes we used him as a contractor. Possibly may well be something lost in translation…but thought long and hard about it honestly Sheds and even researched the pre req for a mining license ….and got the below pre reqs….However I need to stipulate if you believe which I am sure you do that EUZ will meet them…then you have made a better decision than I have as I believe they have run out of time and will not be in a position to meet them. Hence my decision.
Good luck mate and I wish you the very best.

The following are necessary before obtaining an exploitation concession:
* Application. For exploitation concessions derived from research permits, the application includes:?
* the designation of the land in question, which, in all cases, must be included in the land granted for the investigation permit;??
* a detailed report of the geological nature of the deposit, investigations carried out and results obtained; and ??
* a feasibility study and a project for the use of the resources, including a report on the exploitation system, an outline of the infrastructure, a work programme, a budget for investments to be made and an economic study of its profitability, and sources of financing, with the guarantees offered on its viability. ??Source : https://uk.practicallaw.thomsonreuters.com/w-010-6661?transitionType=Default&contextData=(sc.Default)

Sheds…the exceptional was used by Jesus Monteira when he was working for EUZ.
I previously posted it. Best D.

And my guess further was this is why they were looking at other projects….knowing that they could not complete the requirements for a mining license to be granted timeously…..hence LR resigning as well……it’s like trying to put a puzzle together of why things happened when.

Thanks guys for the good wishes and I wish you all well as well….Sheds…I agree from an operational level with a lot you are saying but for me the last risk I took into account was the swaying factor for me….and it’s about the supposed value event for shareholders….it did not happen….for whatever reason…I hazarded a guess that it’s to do with the exceptional exploration license…..it expires next year…with an expiry clause no doubt that if a mining license has not been granted by the time the exploration expires it will be forfeited back to the state…I don’t think this will fly with many suitors…and maybe…just maybe why no further mention was made as the deal fell through….For me personally .I don’t even think a BFS will be completed by then….anyways this is my take only and my thoughts…as I have not seen the conditions under which our exploration license was granted. When we bought it …it had an expiry date and we managed to renew it….hence exceptional….big challenges lie ahead for EUZ imo. Best of luck though and hang in there !!!!

Guys and lasses….it’s been a very tough few years here and to my detriment bought in way too early. I decided a few months ago to take the knock on the chin and sell up over a period of time so as not to appear like I dumped ….anyways that said I have now completed selling all my shares in EUZ and wish you all well and all the best. It was not what I would call a pleasant journey and in hindsight should have left when Oiltap got out. Anyways as the saying goes…it is what it is. The major reason being my decision is that I feel EUZ are running out of time and money….more dilution to come I would say and at these current prices at great cost to share holders. I may consider buying back in once it gets to 1p….GLA and cheers.

Well for one I mostly agree with him….based purely on the following.Kibo are late with their annual report for 2021 and more than likely will show zero revenue for the 3rd year in a row and a loss per share I would imagine…..I think they are most likely trying to put some lipstick on this pig before sharing publicly.

An extension of the extension….I meant to say :-)