Member Info for BricksSA

Sorry Sheds...nothing on Lago...I checked...Right from the start it was just about Toral....Lago was on the back burner and honestly I was not surprised when we forfeited the exploration license....as we did not have the resources at the time to warrant it. I have spoken to LR on the subject previously and I recal him saying something along the lines of ....we have a priority in the region and it should not be difficult to include under our license as long as it can be justified....so who knows. ...anyways ...hopefully assays soon.

MM...llooks like he will earn it either way...:-) From my perspective two things have smacked me in the face this morning. Firstly from Operational perspective we can now include reserves in the PFS ....and in addition we no longer have to use a 3 year trailing average to value the resources...as long as it’s reasonable price...as per the new regulations....so think about it....if we have a PFS with 20 million quids worth of resource which is rather easy to attain the SP will be 4 fold overnight.....
And the second thing is it’s raining Euros in Spain....I guess this is where AH will be running around :-) GL.

You are correct Sheds. These are the main differences.
https://www.dorsey.com/newsresources/publications/client-alerts/2019/02/new-mining-disclosure-rules-2019#AppendixA

I also found out how AH will be paid...in the RNS of 18th Dec.... In addition, 20,000 options, originally intended to be issued to Daniel Smith, pursuant to the passing of resolution 5, have instead been issued to a consultant of the Company, on the same terms as the Incentive Options granted to the Non-Executive Directors
Now this is becoming interesting....20k shares....wonder how much he will turn that into.

Sheds there are new rules out when it comes to exploration companies reporting. Not sure if you have seen them but for example reserves could only be previously stated in a BFS but the rule has changed to include it in a PFS now...very interesting times ahead. They changed from Jan 2021.
Hence me stating previously the balance sheet in the future will drive this SP not sentiment.
https://www.dorsey.com/newsresources/publications/client-alerts/2019/02/new-mining-disclosure-rules-2019#Effective

This guys says it’s raining millions for what they are putting into mining....and is impressed with what is to come....interesting ...patience guys...some big news soon.

That reminds a bit of how mining funds were spent as ordinary and not extraordinary items.
"That is the risk we will be watching." That is why we think and say that it is essential that private initiative participate in this problem because where wealth is generated is where companies are created, that is a reality. We will be vigilant, but it can be a risk. Citizens will also have to be vigilant. We cannot lose that great opportunity that is this rain of millions, it is impressive what is going to come. It is that if you pass it to pesetas you do not get the zeros.
Source https://www.diariodeleon.es/articulo/leon/ahora-problema-empresarios-es-tengo-dinero-puedo-devolver/202106010133272118211.html

It does seem highly unlike antharry but we cannot rule out a sale of Toral as LR is on record saying exactly this. .that being the case EUZ will need another asset or it will cease to exist....as we are a one trick pony at the moment.

I remember someone talking about acquisitions the other day...was it on this board ?
As I’m starting to wonder whether this has something to do with us ?
https://www.fastmarkets.com/article/3977779/exclusive-glencore-puts-south-american-zinc-silver-mine-portfolio-up-for-sale-sources

It still looks like a strong team Sheds...I think SA will struggle to win the series...anyways back to EUZ... news soon imo....” Likewise, in the coming weeks the two calls for grants for employment-generating business projects for the alternative development of mining areas belonging to the 2020 financial year will be published.”
Source https://www.diariodeleon.es/articulo/provincia/plan-carbon-sigue-recolar-excedentes-mineros/202102102042002085737.html

Here we go...” The Minister of Employment and Industry, Ana Carlota Amigo, announced on Monday that the Board will work with local entities and councils to improve the calls aimed at promoting employment in mining municipalities. Friend acknowledged that in some mining municipalities there are "problems" with access to these calls by a group "always excluded" and "took note" of the request of the mayor of Villablino, Mario Rivas, so that its members can access these aid in municipalities where there are no unemployed under 35 or over 55.

During his visit to the capital of Lacia, Amigo pointed out that the Ministry he directs has invested 24 million euros in the various calls for the Mining Municipalities Revitalization Plan, which allowed hiring more than 2,500 people. "The basins need all the help of public administrations, we all have to get them to move forward," stressed the counselor.”
Source https://www.infobierzo.com/la-junta-se-compromete-en-villablino-a-ayudar-a-los-municipios-mineros-a-abrir-convocatorias-de-empleo-para-los-35-y-45-anos/608929/

https://www.researchgate.net/publication/342462246_Social_License_to_Operate_in_Mining_Present_Views_and_Future_Trends

Hi Milnro....the understanding I have which is also limited....is that indoor mining is a completely new mining technique where waste is used to infill the chasms one creates underground...so not quite the underground mining we know....I stand to be corrected however as it’s apparently a new concept which by all accounts is not commonly used at this point in time.

I notice a local has put a comment on one of the articles asking the question about tonnage to be extracted.... “ I hope it is true and stable employment will be created again, but there is something that does not fit me in this news "The production level is 17 million tons of which seven would be exploited" leaving 10Millions untapped are too many millions that are left when talking about an exploitation such as indoor mining [X] ? Anyone care to comment on this ? Also why ? As I see it has not been responded to.

One of the video elements of the Europa Metals Virtual Site Visit (VSV) platform put in place during lockdown, part of a much larger 'morning' visit. The VSV are for industry/investment groups and subject to NDA offering a highly technical 'visit' with the Europa Iberia ops team, usually after data room access. The videos are generally silent & longer than a corp.video-which they are not. The idea being to simulate a real visit and give the time for tech depts of groups to have a 'look' round. The videos are run on Meets/Zoom while we talk to them over the top. This film: '1.facilities' gives a good idea of the current operations we have built up over the years- professional team safely carrying out structured work. The video elements were filmed by the EI team and a community member who wanted to add a new video project to his portfolio/training- thank you for helping.

https://lnkd.in/g6eA97R

https://lnkd.in/g6eA97R #lead #zinc #silver #investment #sitevisit #mining #exploration #pfs

Possibly....as somehow I don’t think AH started with a blank sheet of paper !! :-)

In case one does not understand transactional support....the below is the best definition I could find.
Transaction support
Transaction Support services normally stem from the financial investigation of a business or venture and represent an essential part of the investment making process or financing decision.

I found the value event in a previous RNS when AH was appointed....4 months ago....
Commenting today, Myles Campion, Executive Chairman of Europa Metals, said:

"Following three years of operational delivery at our Toral Project in Spain and alongside its continued advancement, Europa Metals will look to secure value for shareholders through the potential execution of meaningful transaction opportunities in line with our stated strategy.

"Adam has been brought in to work with myself and our CEO, Laurence Read, to provide senior advice and transaction support as we pursue our corporate development strategy during 2021. Having somebody with Adam's track record in value accretive mining transactions, working with the Europa Metals team, should provide us with significant new opportunities to realise value for the Company."
So let’s be patient as he is working for the best deal for shareholders. GL

I wonder if the slingshot and the value shareholder event is the same thing ? Lols....patience is key. Can’t afford to botch anything now....let them do their job....as long as it’s done right and the desired outcome is achieved which I am fairly sure will be the case .:-)

https://www.moneyweb.co.za/mny_sens/kibo-energy-plc-settlement-of-outstanding-loan-and-warrant-proceeds/

RNS out...