Member Info for BricksSA

As far as I am aware....It’s 1 to 1 meetings Sheds. So we need his diary to see how many people are lined up to meet with him.

For clarification....we acquired Toral from Goldquest who acquired it from Lundin....

And RNS’d 12 Nov.....6 days delay......strange

And it’s dated 6th Nov 2020....strange

Anyone notice Europa Metals name not on the exploration license shown on Twitter...saw Lundin Mining’s though....

We are being screwed by Spreadex.

Hi Pete...desperation spreads to keep it low I’m guessing :-)

Unfortunately wherever you live in the world...governmental policies / politics play a major role in ones investment decisions. It’s good sometimes to have the 360 view as it all helps in the decision making process ito where one should invest. My personal view is EUZ being in Spain could be a hedge for UK investors. For me it’s hedging against the Rand which is a bit easier than some decisions UK Investors need to make. Best D

I think we getting closer to news at least....squeaky bum time as the great manager said....Both LR and MC will own about 3% each with these new options. That’s not a shabby holding in anyone’s books if they sell EUZ Iberica for 200m....that’s 6m each they will make. I guess this would be their last job...:-) retirement must be looming...I hope.

I have had similar thoughts Cjen and I would say very difficult to justify at the moment....but who knows based on any excellent news between now and the AGM it may very well be justified. Let’s see best D

Due to a long standing streaming agreement with Osisko Gold Royalties, CAML will receive approximately $5/oz for its silver production for the life of the Sasa mine. But you are correct Sheds...the silver they mine is basically given away due to this agreement.
Source.... https://www.centralasiametals.com/operations/sasa/

Yes Sheds you are correct in saying these risks were mentioned in the last SS and subsequent Broker notes and they would be taken into account in the new PEA.....I’m still thinking about 165 m though.....what’s your best guess?

Sheds in the last PEA in the SS released in March 2019 they used a scenario of mining high grade first as one of the inputs into deriving the NPV of 110$ m. So the biggest gain the way I see it is the more indicated resource since then, the new ore sorting process to be mapped into the new PEA, increased price of silver, metallurgical report plus possibly Cu and the higher recovery ratios all in my opinion will give us a minimum increase of 40%. My guesstimate new NPV of 165$m.

I’m even thinking of giving my voting powers to the Chairman On AGM day !! I mean after all they must definitely act in Shareholders interests !! So what’s the point in voting ? :-) lols.

Yes Sheds the norms are definitely changing somewhat. Even wonder if a democracy actually exists nowadays !!!

Im thinking we are on the cusp of a great adventure ....why are you so worried Bobby and why you think EUZ is on a knife edge?

Anyone notice the different wording used in Resolution 6 and 7 of AGM notice .?
In 6 it mentions.... “That Shareholders approve and authorise the Directors to allot new equity securities up to 50% of the issued share capital of the Company as at the date of the Meeting “
In 7 it gives the exact number of shares....hmmmm. Any ideas why ?

Lol Bobby...sounds like the same experience you having with FCR/EUZ !!!…………:<))

I agree Bobby....somehow the sell price is dictating the market price....it used to be the buy price....but try buy some if you can....I picked up a few more on JSE this morning.Best D

I will be very happy to be proved wrong though Sheds....whichever RNS lands next will be good news I’m sure of that....but the order in which they land is unpredictable...LR and BOD will want the resolutions passed at AGM....so he has to give investors an incentive somehow before AGM....All will be revealed soon I hope.