Member Info for BricksSA

https://twitter.com/LtdEuropa

Yes. That’s what the plan is Obone. You feel more confident after the discussion ? And what’s your opinion on the SP ?

Rather strange day today....About 3% of EUZ traded today....nice solid rise in the SP....JSE now almost aligned with LSE.....I’m starting to think we are not awaiting news.....we might be awaiting an event !! Maybe the MC statement arrives !!!

https://www.spglobal.com/platts/en/market-insights/latest-news/metals/033021-central-asia-metals-to-increase-focus-on-mine-project-acquisitions-ceo
I wonder.....if...they have an NDA with us.

You don’t think it’s possibly investors moving their shares into ISA accounts ?

Hi trade..I had a brief conversation with LR and he confirmed the results from the first hole are in for assaying. From what I can gather he read my post about Adam and said Adam is working very hard with his support but cannot release any news until signatures are on paper...so I am even more confident now this will be over the line very soon.

It’s showing here... https://www.lse.co.uk/SharePrice.asp?shareprice=EUZ.GB.PL&share=Europa-Metals-Ltd

I think you may be correct Sheds ito the smelter costs....also I note in our presentation no mention is made ito costs for the following which we are still held to by all accounts....They must know about these costs so why are they not mentioned at all.....
GoldQuest will not pay any upfront consideration for the assets but
will compensate Lundin Mining AB with a one-time payment of CDN$5
million dollars payable upon commencement of commercial production from
the Toral property. The five million shares of GoldQuest referenced in
the March 30, 2009 news release are no longer issuable under the terms
of the amended agreement. The agreement includes a royalty to Lundin
of 1.5 percent on the net smelter return from the Toral project and a
one-time "back-in" right under which Lundin may reacquire a 51%
interest in the Toral project, as described below. In the event Lundin
exercises its "back-in" right, the $5 million purchase price and the
net smelter return royalty will not be payable.
Which makes me think....are Lundin still in the frame ?

Yep...that’s why I posted it...a huge difference....wonder what we missing ..??

A quick comparison of mining costs makes for interesting reading..
Whilst CAMs reported as follows... Its operations appear to be in the lowest quartile in terms of cash costs for their output. On a cash-cost basis, SASA's Zinc equivalent C1 cash cost was US$0.50 per lb (2019: US$0.47). While for Kounrad, on a Copper C1 cash cost basis, it was US$0.51 per lb (2019: US$0.52)

EUZs expected mining cost based on PEA is US$36/t.

Growth By Acquisition/Merger

Still appears to be the order of the day. With the company looking at an acquisition, preferably Copper-based and in or very close to production, in the price range US$400-US$700m. To be funded by a mixture of equity and debt. But when pressed, the management is clearly open to the possibility of a merger. As a slight aside, Nick Clarke, Non-Executive Director, was appointed as a Non-Executive Director of Caledonia Mining, a Gold mining company focused on Zimbabwe, in 2019. So there could be opportunities in that part of the world.

Source : https://www.linkedin.com/pulse/central-asia-metals-update-michael-crilly-2f/

It’s 15c not R15

Maybe something lost in google translation but I found the opening sentence intriguing....are these students somehow actively involved with the project ?… Sheds I think they may be....here’s the translation..”.. Continuing with our work to disseminate the work we are doing, “

Well they have a decent picture up of the core samples just drilled....anyone notice the different colors of the core and can anyone give us an idea of what this means ....? Different depths ?

Now up 17.65%.....

https://www.google.com/search?q=latest+share+price+PTHRF&ie=UTF-8&oe=UTF-8&hl=en-us&client=safari

This is what LR is attending....
Government policymakers, industry leaders, investment managers and civil society organizations are working to achieve the 2030 Agenda for Sustainable Development and to accelerate decarbonization of society. Attaining the Sustainable Development Goals (SDGs) will require secure and sustainable supply of natural resources, but the production and use of those natural resources should not undermine the very SDGs they are intended to support.

Sustainability principles in resource management provide handrails that can guide society towards a future that enriches natural capital rather than diminishing it. Linear models of production and consumption of resources produce waste, pollution and carbon emissions. These models must be replaced by new circular models that distribute resources equitably and minimize externalities.

The UNECE Resource Management Week 2021 will take place at the Palais des Nations, Geneva, Switzerland and online from 26–30 April 2021. The Week will showcase outstanding results in the application of the United Nations Framework Classification for Resources (UNFC) worldwide and global commitment to the United Nations Resource Management System (UNRMS). UNFC and UNRMS under development by the Expert Group provide essential tools for applying sustainability principles and hence transforming resource management in a way that leaves everyone (and the planet!) better off.

You are invited to join the Week, participate in the discussions and learn how sustainability principles can contribute to policy formulation, national resource management and financial reporting. The Week will comprise a number of sessions via the Interprefy platform with simultaneous interpretation in English, French and Russian. Other sessions will be in English only via Webex. Subject to the COVID-19 restrictions in place at the time, participation will be possible in person in Geneva. Registration is mandatory whether participating in person or online. All registered participants will be provided with connection details closer to the event.

IN 1800, VOLTA INVENTED THE FIRST TRUE BATTERY (THE VOLTAIC PILE), WHICH CONSISTED OF COPPER AND ZINC DISCS SEPARATED BY A LAYER OF CLOTH SOAKED IN BRINE....now all we need is to mine brine....:-)

I do not think we should ever rule out a sale Sheds....LR has already stated if the right cash offer comes along it will be considered.....but we are certainly doing all the rights things to go all the way to mining...Best D

This is extracted from the TP broker note of August 2020....Seems like their predictions of 34.5 p per share will be easily achievable. PLEASE note..A SERIES of SIGNIFICANT announcements......
While the Toral project remains open at depth and to the East, TPI supports Europa’s current strategy to focus and move forward the resource area as currently defined which, by itself, looks to have the size and grade to support an economically robust mining project. With its balance sheet strengthened through today’s fundraise and in anticipation of progressing the above steps, Investors might now anticipate Europa delivering of a series of significant announcements over the next six or so months, including in the nearer-term the Project’s revised economic parameters. Beyond these, the nomination of a mining consultant to commence a PFS, for consideration of a range of scenarios covering technical and economic viability of this potentially low-cost, high-margin opportunity, might also be expected before the end of 2021. This should also enable the Board to narrow down on its list of preferred future options for the asset, which range from outright sale, joint-venture or independently through, say, a 60:40 debt:equity-funded development.