Member Info for BricksSA

If not…try here. https://sashares.co.za/how-to-buy-shares/#gs.bwgwsd

Sorry Steve I am assuming you are in SA and bank with Barclays, STD FNB or Nedbank.

Open a trading account through your bank….they are all directly connected to JSE and act as brokers.

Very interesting find Money…I am not going to pay $250 to find out though….:-)

But I do know we have galena….and picked up the below from internet….
Lead and zinc are non-ferrous metals often found together in sulfide ores. The most common lead- and zinc-containing ores are galena and sphalerite. A lead-zinc ore may also contain gold and silver, lead sulfide, zinc sulfide,iron sulfide, iron carbonate, and quartz.

In auriferous quartz lodes the minerals most commonly associated with gold are iron and copper pyrites, zinc blende, galena, and tetradymite. Tellurides of gold are very widely distributed. Other minerals occurring with gold are tourmaline, calcite, uranium ochre, roscoelite, vanadinite, crocoite, wollastonite, gypsum.

Tellurides of gold are very widely distributed. Other minerals occurring with gold are tourmaline, calcite, uranium ochre, roscoelite, vanadinite, crocoite, wollastonite, gypsum.

And as you are aware we have not finished testing for by products….interesting times ahead.

I stumbled onto this …earlier today.
“To promote qualified and quality jobs among the potential workforce in the area, where the training of workers who require it in collaboration with other institutions will be prioritized.”
This comes off of https://www.proyectotoral.com/noticias/ website.
This states in collaboration with other institutions….
I previously posted this…

The just transition aid for mining areas in the province of León, both included in the General State Budgets (PGE) and in the Recovery, Transformation and Resilience Plan (PRTR), amount to over 230 million euros. euros, according to the director of the Institute for the Just Transition (ITJ), Laura Martín, after the working day held this Wednesday at the headquarters of the Ciudad de la Energía Foundation (CIUDEN) with the general secretary for the Demographic Challenge, Francisco Buoy. Of these, more than 90 are dedicated to environmental restoration and rehabilitation work, 48 are dedicated to social plans and training programs and requalification of workers in the area, about 44 to the creation and improvement of infrastructure in the territory and 2 , 4 more to the installation of business projects.

Source: https://www.infobierzo.com/las-ayudas-a-la-transicion-justa-en-las-zonas-mineras-de-la-provincia-de-leon-superan-los-230-millones-de-euros/614272/

I believe they are connected.

I think you the only one that thinks that grappa…the initiatives off the top of my head are as follows….bearing in mind we were drilling at the time.
1. Assays phase1
2. Mets phase 1
3. RFP for PFS.
4. WA appointed PFS manager
5. Assays phase 2
6. Mets phase 2 pending
7. Jorc update…pending
8. PFS…pending
9. And all the other Operational streams listed by Sheds a while back….
On the Corporate front….grants in progress…
1. CDTI.
2. Next Generation fund.
3. EU
4. REMIX
5. Interreg.
6. Spanish gov/ regional….etc etc…like EU investment bank.
I doubt very much whether we want or need a partner…but a good solid PFS with Cu and a Loan from EU investment bank will see us take off….patience is required as these are all critical workflows….GLA.

I picked up a few more onJSE today Cjen….the lowest I ever paid…have brought my average down from R7.50 per share toR3.08 since consolidation…..can 10 bag from here very easy imo.

7,2 P

I am sure you all remember LR saying whoever mines Toral WILL mine copper. Now the thought has just occurred to me….He has raised this more than once…as I also recall him saying a friend told him once lead and zinc live in the shadows of copper….in one of his presentations.
The possibility may exist that the EU have asked EUZ to further explore Toral as it is a very strategic resource in Europe…and Cu is possibly the pre req for further funding and it will be included in the Jorc ….?. If this ends up being the case ….then this strategy imo could have been RNSd a long long time ago. …anyways…may not be the case at all…but thinking out aloud ..GL

Once we receive the updated Jorc report it the PFS should follow within should 1 to 2 months….or about 6 weeks.

Jus so as we are aligned….I have not seen the European Investment bank take a stake in any EU company they have supported in the past….and I doubt they ever will. All commercial agreements and that’s the way it will remain imo.

answered your question….

Hi Highside….my reasoning is as follows….
1. We have enough to complete the PFS. This phase is a pre requisite to the funding that will be in the form of a grant in order to complete the BFS.
2. The EU grant will be only enough to allow us to complete theBFS. I don’t expect it to be much but will keep us afloat until BFS is completed.
3. The BFS will be funded by European Investment Bank … and this I believe is why AH was on board. This will more than likely take the form of a loan which will need to be repaid…
The above is my view of the process that needs to be followed and I believe EUZ are aligned with it if one takes into account where we are in terms of the mining development lifecycle. GL.

The above is what all my research points to….this is my opinion only obviously but trust this has

And lastly I believe the PFS is actually a pre requisite to access these funds and I also believe we have enough in the bank to complete the PFS….the half yearly report due any day now should confirm this view.

And it comes directly from the EU….not a local politician….it clearly states will receive funds to complete their development.

How would you interpret this statement Grappa ? As more dilution ?
Regarding the fifteen projects that will receive funds to complete their development, it is expected that the European Investment Bank will provide customized technical assistance, with the challenge of advancing their financial or technical maturity and being eligible for funds in future calls.

https://translate.google.com/translate?hl=en&sl=es&u=https://www.europapress.es/economia/energia-00341/noticia-ue-compromete-primeros-122-millones-ayudas-proyectos-innovadores-descarbonizar-economia-20210727142301.html&prev=search&pto=aue

Some more….

3 projects in Spain….. The aid is divided into two items, one of 4.4 million to help the development of 15 projects yet to mature - including three located in Spain - and a second item of 118 million to which 32 "small innovative projects" opt - -seven in Spain-, whose objective is to promote the introduction of low-carbon technologies in the market of energy-intensive industries.

Funding already arranged……. Regarding the fifteen projects that will receive funds to complete their development, it is expected that the European Investment Bank will provide customized technical assistance, with the challenge of advancing their financial or technical maturity and being eligible for funds in future calls.

And last but not least….I expect NO further dilution…..THINK BIG.

Europa Metals not mentioned….so don’t bother reading Grappa….lols.
https://www.europapress.es/economia/energia-00341/noticia-ue-compromete-primeros-122-millones-ayudas-proyectos-innovadores-descarbonizar-economia-20210727142301.html

The rest can read between the lines.

It’s in the 7th Sept RNS….:-)