Member Info for BricksSA

More words of wisdom :-)

More words of wisdom :-)

Words of wisdom :-)

The last paragraph in the translation reads as follows:
As explained by the Minister of Economy and Finance, the Community aims to obtain 5,000 million from the New Generation Funds. Half of them are managed by the State, charged to investments foreseen in their Budgets and to support economic activity.

A very significant amount of money to support economic activity !!!!

source https://www.diariodeleon.es/articulo/castillayleon/carriedo-quiere-ayuntamientos-participen-fondos-recuperacion/202105010133112109278.html

Trade I don’t think you or anyone else realize the significance of your research. I think you have nailed it spot on....look what I found to support your theory...
Carriedo wants municipalities to participate in the Recovery Funds

The Board constitutes a Coordination Table with local corporations to articulate 5,000 million euros.

The councilors of the Presidency and of Economy and Employment, Angel Ibáñez and Carlos Fernández Carriedo, have demanded this Friday that local entities "participate actively" in promoting the raising of European Reconstruction and Resilience Funds, for which the regional Executive has set up a Coordination Table with local corporations that joins the Business and Scientific-Technological.

In the constitution of this Coordination Table with the Local Corporations in which the members of the FRMP Government Commission have participated in representation of the local world, headed by the president of the institution, Angeles Armisén. In this sense, Fernández Carriedo has highlighted the intention of the Board to advance in "participation and dialogue", since the EU funds are not from Castilla y León but to "transform Castilla y León."

At the meeting, the councilors highlighted the "exemplary nature" of the Board in helping local entities in the face of the pandemic, with the implementation of extraordinary funds worth 93 million euros, destined to finance policies and expenses caused by Covid-19 in the local world, in the field of social services, employment, sustainable investments, trade or expenses in schools.

In this sense, both directors have expressed their support for the claim defended by the FRMP to the Government of Spain, which calls for the provision of a non-reimbursable Extraordinary Fund for local entities. Along these lines, it has also insisted on demanding transparent and objective criteria from the Government of Spain in the distribution of European financing and the convening of the Fiscal and Financial Policy Council.

Thus, Carriedo and Ibáñez have insisted on the need for local corporations to participate in the management of funds in relation to competencies more directly linked to the local world, such as urban rehabilitation, urban modernization or the field of social services. , to which has been added digitization, the sustainable economy, the water cycle or waste treatment, all of which may also affect the demographic challenge.

In this sense, Fernández Carriedo has regretted that the communities most affected in the distribution of funds are precisely those with the most population problems. "We have asked that the demographic challenge be taken into account and the opinion of local entities in this area is decisive," he defended.

As explained by the Minister of Economy and Finance, the Community aims to obtain 5,000 million from the New Generation Funds. Half of them are managed by the State, charged to investments foreseen in their Budgets and to support economic

Well Sheds...he will forever be known as the guy who moved the SP of EUZ single handedly by some 15% in one day...in the right direction...and counting :-)

Yes. I agree... excellent find.

Well the initial investment could be spent to date ? Rather than what they expect to spend and where it’s coming from ? I sincerely hope it is the later and don’t want to spoil the euphoria hence the question. ...but it does sound positive anyways...let’s hold fumes and toes.

A prescient warning....hope google has not lost anything in the translation....anyone run the article past a Spanish mate ?

You are right....what a find....roll on Wednesday...... "The Toral Project is committed to the circular economy and the consolidation of the social and economic fabric of the project's area of ??influence with a type of indoor mining based on sustainability and cutting-edge techniques in the international underground mining sector."

The details about the jobs that this project will generate in the Region and other specifications such as the initial investment are not yet public and will be announced next Wednesday during a press conference in Camponaraya.

Reverting back to your old silly tactics Bobby...from my side you can say what you like because you , like your posts are inconsequential. You are now filtered from my side and I suggest you do the same for me. All you do is undermine all the good work that is being done and your agenda I’m afraid is very obvious to anyone with a brain cell. Let the next RNS be the judge of your evil intentions.

I suspect the market evidence will manifest itself on a good Corporate RNS Sheds....until then I don’t honestly expect the major value event or slingshot to occur. I am also anticipating excellent assay results seeing as the 4 daughter holes showed up as the same quality as the core. Big news in the pipeline I feel...The progress on all fronts imo has been remarkable...the team in Spain contrary to what others may say are doing a fine job and making their intentions very clear that they are taking this into production. Hang in there ...some more good news I’m sure in the pipeline.

Pursuing a series of b2b/corp initiatives very important in a rising commodities market, especially with an advanced project, margin driven & clear prod. Pathway

Exploitation permits differ from research permits because they are much more general. In those of exploitation, do not go beyond collecting superficial samples and field work. However, in the research studies, surveys, analysis campaigns and witness collection are already being carried out for their subsequent technical evaluation.

El Bierzo has gone from having mining as the center of its economic activity, thanks to the coal sector, to seeing mining as a complement in the future in the medium term, if the interested companies are able to present projects that pass regulatory controls and the new legislation in force, now modified.
Source: https://www.diariodeleon.es/articulo/bierzo/modificacion-ley-urbanismo-facilita-apertura-proyectos-mineros/202103250232232098102.html

The modification of the Urban Planning Regulations of Castilla y León (RUCyL) to allow extractive activity in protected rustic soils opens a new time for mining in El Bierzo, and not only for the Europa Metals project, in the area of ??Toral de los Vados, which could fit into the new legislation.

The delegate of the College of Geologists of Castilla y León, Juan Manuel Piñeiro, considers that, above all, it is a "fair" regulatory change since every project is already subject to the assessment of environmental impact, "which requires justifying the condition of the project on the ground where it is intended to develop ».

On March 15, Decree 6/2021, of March 11, which modifies the RUCyL, was published in the Official Gazette of Castilla y León.

"It has cost a lot and it is good news not only for the sector but also to promote research on our native natural resources," says Piñeiro.

In El Bierzo, the modification can facilitate the study of new mining projects with the advantage, according to the head of the College of Geologists, that “we already know what a mining project entails; the good and the bad ”, highlights Piñeiro. Employment and impact on the landscape and natural resources.

The delegation of the College of Geologists in Castilla y León has actively participated in all the regulatory changes since 2018 through the Regional Mining Commission. "We have collaborated directly with the General Directorate of Mines of the Junta de Castilla y León, in order to modify the regional urban regulations that prohibited extractive activity on land classified as rustic with protection in municipal urban regulations", explains Piñeiro. The first step was taken in 2019 when articles 23 and 25 of the Urban Planning Law of Castilla y León were modified, differentiating energy mining from other extractive activities.

Extractive activities are defined as «extractive activities of industrial rocks and minerals, metallic mining, ornamental rocks, quarry products and mineral and thermal waters, including underground and open-pit mining operations, as well as constructions and facilities related to their operation. and to the in situ treatment of the extracted raw material ”, he specifies. But for its application "it was necessary to modify the Urban Planning Regulations of Castilla y León, which is the one that establishes the use of the land," the delegate points out. Headquartered in Madrid, the College has delegations in Aragon, Galicia, Asturias, Catalonia and the Basque Country.

The rise in the international price of some metals is generating business expectations in old Bierzo farms. Copper, lead, silver, tungsten, gold and marble are distributed more than twenty permits and administrative concessions in the region, to which are added the 56 of the old Coto Wagner, where there is already a business plan to reopen the old exploitation of this mineral in the municipality of Congosto.

Seems like a lot is falling into place for EUZ...

I found the new presentation very informative....new grants being pursued.
http://www.rns-pdf.londonstockexchange.com/rns/9872W_1-2021-4-28.pdf

Someone bought 100k and paid over the ask...:-)

Thanks Obone...appreciated. I’m very confident this will come good and our investment is in good hands.