Member Info for BricksSA

And one last point on this…WA could also be paid in script to complete the PFS….we have given the board the option to do this at the last AGM if memory serves me correctly…

Plus the warrants can be used to take us to end of PFS….so the risk of further dilution…at least up to completion of PFS …is minimal the way I see things. But who knows…let’s see. This will however be a mine and I can assure you not many exploration companies have the support of local government and local communities in the way we have.DYR …you should arrive at a similar conclusion.

We can fund this ourselves with a loan from a local bank…if the PFS shows a payback period of less than 4 years which it currently is….it will be quite easy to get a loan for this mine in the bigger scheme of things …The business case is already compelling. If the drilling has gone to plan and I’m sure it has as it appears that WA are providing inputs into the drilling phase…I am confident early years will be lucrative as well. I also do not expect the grant to fund the complete build….it will be a mix of both…GL.

The interesting thing now IMO….is the door now firmly closed on the possible suitors who have access to our data room ? If it is should this not be RNSd ? As access should be taken away from them…GLA

We going mining for sure…Source.. https://aplingenieria.com/la-nueva-era-de-la-mineria-en-la-provincia-de-leon/

New mines .

When we talk about mining, it is talking about coal . However, as strange as it may seem, coal barely accounts for 5% of Castilla y León's production. In the province of León in recent years, coal billing did not reach 14 million compared to the joint production of other types of minerals such as shale as the most important mineral and other resources such as gold, copper, uranium, zinc, talc, nickel or cobalt reaching up to 80 million in total.

Materials such as slate or iron are the future of the province. Stressing the opening of mines iron Coto Wagner and underground mine slate in Benuza with reserves estimated 3 million metric tons of ore, which will work over the next 100 years.

In addition to these projects, the investigation of lead and zinc in the areas of Toral de los Vados and Borrones is added , specifically the Australian mining company Europa Metals has been collecting samples for several years to be able to develop the project to be able to open in 2023, being able to generate an activity for the next 15 years. Other resources such as copper, nickel, cobalt and talc also appear, the latter being the one that offers multiple possibilities of exploitation around San Isidro.

In summary, all these projects and investigations are going to mark the new era of mining in the province of León, thus helping the development of mining basins and recovering the Emptied Spain that seriously affects our province.

The first trade of the day….300
300 - Take (or I am taking) the stock down at least 30% so I can load shares.
Be prepared ….stop losses off.

It’s coming soon…maybe tomorrow….
The Government of Spain has given the Ciudad de la Energía Foundation (Ciuden) a crucial role in managing the Just Transition funds and, for this reason, both the Secretary General for the Demographic Challenge, Francisco Boya; As the director of the Institute for the Just Transition (ITJ), Laura Martín, yesterday presented the lines of work for the mining areas of León at the facilities of the Ciuden technology center in Cubillos del Sil. There they shelled the millionaire figures of a recovery plan endowed with 300 million euros for all areas affected by the transition process that would leave more than one hundred million in the province for the promotion of economic alternatives in the territories affected by the closure of the mining. "A third of the funds would go to the mining lion, that is, Bierzo-Laciana and the central mountains," said the head of ITJ.
Source: https://www.diariodeleon.es/articulo/bierzo/fondos-transicion-dejaran-mas-100me-leon-minero/202107080134092128597.html

For me it’s not if…it’s a question of when….The PEA confirmed it for me. Bara had this to say at the conclusion of their report…. “The updated study concluded that Toral’s production profile demonstrates ‘a very robust project capable of producing high grade saleable concentrates within an EU jurisdiction.’…and “ Bara has advised EUZ to move to the Pre-Feasibility Study stage. “

Thanks Props…watched the whole video….interesting indeed.

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/

In 2006 when Lundin bid for Toral…. Did you know The government authority chose Lundin Mining’s three-year work proposal as the winning bid for this advanced exploration project….the word chose…stands out.
Source: https://www.lundinmining.com/news/lundin-mining-corporation-interim-report-122867/
This project will therefore not just be sold to anyone or JVd with anyone…there will no doubt be some serious DD taking place and serious negotiations as I am fairly certain that no matter which route EUZ go down …Spanish government approval will be required…
We know for sure the DG of mines was on site and we also know that
a third party was mentioned….
I have no doubt that the first party is EUZ…the second party Spanish government…the third party ?

Two of the 3 trades today …500 and 7777
http://www.pennystockdream.com/Market-Maker-Signals

From the drilling RNS….it states “Focused on the 100 - 800m horizon, with initial drilling on the upper siliceous material zone that would potentially host the early years of future production.”
So guessing …to beef up the early years of production perhaps ?

Not sure whether any of you saw this but EUZ tweeted this sometime back I guess…
https://twitter.com/LtdEuropa/status/1407459837584236544/photo/1

So if it’s a sale that they looking at….that will be my retirement plus LRs and MCs I guess….:-)
Providing of course it’s sold at current NPV.

The best value we can expect milno…is the current NPV …156 mill…any others guesses can only be after PFS….and that is anyone’s guess :-)

It could be WA asking for it….inputs into the PFS ?

I think they taking the mic out of the current SP Money….:-)

Here’s another one Money from UN….standards are already being set,
https://europa.eu/capacity4dev/file/107282/download?token=KiAzEyO2

Thanks Money…it’s a very good read as well and quite frankly I am surprised that investors do not understand the basic principles of ESG and how exploration mining companies need to comply or quite frankly they will be out of business. I think our board had the foresight to recognize this fact and we are in a very good place at the moment. …Finance will in my opinion only be granted to companies with rock solid published ESG goals which can be measured. EUZ…right place right time.