Member Info for BricksSA

I also think the next RNS will be something onESG.
Europa Metals Ltd
@LtdEuropa
·
Jun 18
#euz very pleased to be invited by UK Govt (D. Int Trade) to the bilateral ‘greening’ mining seminar with Spanish Government. Toral Pb, Zn & Ag project to establish a low carbon, supply transparent ESG prod. Profile set against evolving metals industry. More to come…

Possibly….Money….have a look at this please and give us your thoughts …I think we are busy with this….” Stakeholders are the other key to strong ESG performance. Miners need to identify who their ESG stakeholders are and what their concerns are, and then proactively engage with them. Local communities are crucial, but
so are regulators, investors, analysts, suppliers, customers and employees. Without understanding the non-financial drivers of all their stakeholders, miners will find it hard to access new mineral resources, affordable capital to develop these resources and workforces to operate their mines.
The Top 40 are on the cusp of a significant opportunity to grow long- term value through ESG. On the table are market differentiation, access to capital and improved shareholder value. If they can take the same ‘must do’ approach to the totality of ESG—as they have to health and safety—then the benefits are well within their grasp.”
Source https://www.pwc.com/cl/es/publicaciones/pwc-mine-2021.pdf

I wonder if this was on our land ? I see it will be closed down…subject to Spanish authorities approval….a pre req perhaps in the bigger scheme of things ?

The Brazilian company Votorantim Cimentos, owner of the Cementos Cosmos factory in Toral de los Vados, through its subsidiary Corporación Noroeste, has reached an agreement to purchase Cementos Balboa in Spain, which has a modern comprehensive factory for the manufacture of cement with a production capacity of 1.6 million tons of cement located in the town of Alconera
(Badajoz).

This operation will expand Votorantim Cimentos' presence in Spain and "consolidate our growth and positioning strategy in the country," stated Marcelo Castelli, Global CEO of Votorantim Cimentos. Thus, the closing of the operation is subject to some conditions, such as approval by the regulatory authorities in Spain. Meanwhile, both companies will continue to operate independently until the completion of the acquisition.

With this purchase, Votorantim Cimentos reinforces its commitment to the Spanish market, in which it has been operating since 2012 with four comprehensive cement factories, two grinding mills, a mortar plant, and several
concrete and aggregate plants, with a presence in Andalusia, the Canary Islands, Castilla y León, Extremadura and Galicia.

Not a bad return Chrisp….about 33%…and some bought at 5 p….about 100 % in 1 year…not too shabby at all. Well done and keep the faith…this will multi bag …..big news imminent.imo.

Time will tell whether it is relevant but certainly EUZ has a part to play in sustainable green energy projects …from mining through to end product from within the region…..not forgetting its raining Euros in Spain and we most certainly are in the queue in more ways than 1. If you have a good look at the presentation on our website it refers to plural…grants. Not grant.

The low lives are back…time to buy.

I agree Teaye…plenty small trades….Last trade last night was 120. Today 3 x 20 and 1 x 50 trades…..
I wonder if there is any truth in “the market makers signals” that was posted some time back and what these numbers actually mean ?

Hi Sheds…I think what is meant by WA having reviewed workflows is that as part of their assignment ito managingPFS…they had to review all activities to ensure everything is covered ito inputs to the PFS….and we are working on the right things I guess…imo. GL.

Money you think she is a relative of our Jesus ? Wife perhaps ?
https://en.wikipedia.org/wiki/Mar%C3%ADa_Jes%C3%BAs_Montero
As she just happens to be the minister of finance…..love it when a plan comes together !!! Lols.

https://www.afr.com/companies/mining/the-2b-exploration-boom-quietly-under-way-20210309-p5796h

This is the full translated article in case the link is not working….
The Junta de Castilla y León has released to public information the request of the firm Europa Metals Iberia to carry out preliminary investigations of mining drilling in six municipalities of the Bierzo region to explore the possibility of exploitation of zinc, lead, copper and mercury.
They are different places contemplated in the Mining Cadastre and that occupy 50 in the municipalities of Toral de los Vados, Carracedelo, Borrenes, Sobrado, Corullón and Oencia.
The company has presented the documentation related to the research and survey project as well as the mandatory restoration plan to carry out this type of activity.
The request was raised more than a year ago and now the regional administration opens a period of 30 days for the presentation of allegations to the initiative that would occupy 50 mining squares in those 6 municipalities.

This is an old article from May 2019 Sheds…but the impression I have is that Mercury does certainly exist….and current price per flask I think is over $4000
“ The Junta de Castilla y León has released to public information the request of the firm Europa Metals Iberia to carry out preliminary investigations of mining drilling in six municipalities of the Bierzo region to explore the possibility of exploitation of zinc, lead, copper and mercury.”
Source https://translate.google.com/translate?hl=en&sl=es&u=https://cadenaser.com/emisora/2019/05/17/radio_bierzo/1558089001_553225.html&prev=search&pto=aue

My apologies…the other one still says other agencies…so I guess it is other important government groups that both refer to.

Seems like this tweet has been edited from “other agencies” to “ a number of important government groups”……so definitely some DD going down……..
#euz we have been kindly given permission to release images of a a site visit from the DG for mines, Castilla y Leon, accompanied by a number of important governmental groups, to the Toral pb zn and ag project spain. A very constructive day spent in the area and at project

Sheds and Money…check this out…it has a lot of detail and it appears that funding can come in one of 3 ways…ie grant only…investment only or a mix of both….very interesting. I also suspect we have applied for multiple grants in various categories….. https://www.tu- braunschweig.de/fileadmin/Redaktionsgruppen/Einrichtungen/International/Forschungsservice/PDFs/EIC-European-Innovation-Council.pdf

You have nailed this Money and thanks for sharing….it’s the same guy who paid the site visit to Toral and EUZ premises DG of mining…that is responsible for distribution of the 88 million euros….
“ The global budget for this infrastructure amounts to 88.5 million euros. It is the responsibility of the General Directorate of Energy Policy and Mines of the Ministry for the Ecological Transition and the Demographic Challenge (Miteco) to dictate the resolution of prior administrative authorization of the installation and the General Directorate of Environmental Quality and Evaluation, of the same ministry, to formulate the declaration of environmental impact.”

And this from year end report…. As noted by our Chairman, the completion of the independent economic study by Bara Consulting has revealed a significant up lift in the economic potential for the project. At present, we are engaged with a number of parties who are reviewing the full report and the Toral project’s data room, as well as progressing the Toral project’s PFS.….I think it’s been staring us in the face for a while….definitely DD underway imo.

And I found this…which supports what Money has been saying……
https://ec.europa.eu/growth/sectors/raw-materials/due-diligence-ready_en

And I think we tick a lot of these boxes…..
https://www.securedocs.com/blog/6-best-practices-for-remote-due-diligence

1. We know we have signed NDA’s for access to our data room…..
2. The creation of a virtual site visit video on our website which they talk over via webex when conducting virtual tours…
3. The DG of mines visit to Toral with “other agencies”
I am starting to think that the “grant” is pivotal to any decision ….but it does seem like we are going through some form of due diligence process to me. GLA