George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
Moreover, €8.5 billion under the ERDF will boost growth, competitiveness and productivity of small and medium-sized businesses via investments promoting research and innovation in sectors with a high added value.
Finally, €870 million under the Just Transition Fund (JTF) will help to ensure that the green transition is just and fair. The JTF will support regions that have closed or plan to close coal mines, carbon-intensive industrial facilities and coal power plants in the provinces of La Coruña, Asturias, León, Palencia, Teruel, Córdoba, Almeria, Cádiz and the Balearic Islands (Alcudia and some surrounding municipalities).
https://ec.europa.eu/commission/presscorner/detail/en/IP_22_6964
I think they spelt Toral wrong on purpose perhaps ?
In Teruel, the JTF will support the rehabilitation of mining and industrial heritage sites for cultural activities, honouring the legacy of mining municipalities…..
The Just TransitionFund was mentioned in the google translated post earlier……
https://ec.europa.eu/commission/presscorner/detail/en/ip_22_7868
The more I think about the more I think any EU funding will end up going to the JV co…EMI and Denerius….so any groundwork done by EUZ will most probably count for nothing…….would be interesting to see what happens should any funding come our way.
Plenty one can do about that imo.
https://energy.mit.edu/news/recovering-natural-gas-at-oil-wells/
The Company is in very advanced discussion with a new nominated adviser with their appointment subject to completion of due diligence, until which time the Company will be without a nominated adviser. Pursuant to Rule 1 of the AIM Rules for Companies, the ordinary shares in the Company will be suspended from trading on AIM at 7.30am on Monday 12 December 2022.
So since 12th Dec no news and yet they continue to trade on JSE……I smell a rat unfortunately as during suspension how do LSE control cross border transactions.? Or they cannot ?
Just to show you guys how the markets value things today….Orion have signed an agreement of 80 odd million with no dilution to shareholders to fund development of a Copper mine and look what their share is worth…..not even 2p
https://www.moneyweb.co.za/tools-and-data/click-a-company/ORN/
So honestly imo….EUZ has no chance in hell of getting to the 1 pound we dreamt of…think about it.
I invested in Toral and at some stage had faith in the BOD. LR came across as a decent lad in my meetings and discussions with him. However I think he got pushed down a road that he did not agree with and hence him resigning. Having invested in Toral and to see it given away for next to nothing and EUZ having accumulated some 40 odd million uk sterling in losses over the past 7 years makes me sick to be honest and also tells me this BOD is clueless.
And MC is in the same mold….a carbon copy of a geologist that adds zero value to shareholders. Watch DB block this and you have another fund raise without MC at the helm.
That’s my prediction. No ways they will allow this deal to go through.
My correspondence with the previous CEO.
For att: Rory Murphy/Matthew Chandler,
Strandhanson as the Nomad for Europa Metals has allowed two RNS’s to be passed and published about imminent value events for shareholders that were misleading and possibly fraudulent.The reason being no follow up RNS has been published by Europa Metals as to why the deal fell through and who it supposedly was with.
We as shareholders would like to know exactly who the supposed deal was with and why it fell through.
Kindly can you coerse Laurence Read to make a formal statement on the suppossed value events that fell through.
They never responded but LR did as per below.
As per the email below Strand have quite correctly followed the proper procedures by contacting Europa on your correspondence concluding that; all announcements and communications to date fall well within proper levels of compliance and disclosure. The AGM is an opportunity for shareholders to attend a meeting with the company directors and we were glad of the opportunity to provide those present with answers to their questions and provide a run through of the Toral project and strategy going forward, as set out in previous announcements.
We shall update the market as appropriate as we progress with both operational and corporate work.
And my final response before he resigned.
Dear Laurence,
Thanks for the response however all trust in both yours and Strandhanson are at stake as the value event which was recorded in two RNS’s never occurred.
If the supposed value event fell through at least have the decency to tell shareholders who it was with and why it fell through as it appears it was a strategy to keep long term shareholders on board whilst dilution took place. Any NDAs that were in place with this deal surely don’t exist now….so why not tell shareholders officially in an RNS what actually transpired ?
Very surprised the Nomad allows statements like this in RNSs when no cautionary announcements are forthcoming from EUZ.
Regards,
And why do you think MC published a supplementary note that added zero value ??
Bull****e baffles brains ….but this geologist will not get any more from me and he should together with his pre decessors be arrested for fraudulently leading investors up a garden path for stating value events in RNS s that NEVER occurred. Con artists …the lot of them.
20% of Newco May well be worth more than 100% of going it alone Highside….I detect EUZ shareholders have Hobsons choice at the moment….otherwise this clause in todays RNS looms…..” In the event that Shareholders do not approve the Resolution or Denarius withdraws from the Option Agreement without substantially completing the conditions to the exercise of the First Option or Second Option, the Company would seek to either identify and secure an alternative partner(s) to fund the Toral Project or raise sufficient funds to progress the project. Progressing the Toral Project will include further exploration work and completion of a pre-feasibility study.”