Member Info for CHRI5P

Agreed, BB good news is what we need. However, the art is to trickle good news out with a positive graph and good volume which is not an easy task. It also allows LTH's to top slice if they want to de-risk. Nevertheless, Shed is also right that unless you do want to trade a bit, top slice a bit the main goal is to have a PFS and a asset worth north of £50, million which will be the end goal.

The past is the past and future is Zinc and we have loads of it. If there is enough liquidity then charts can give a good indications even in AIM. Graphs have done well in showing rises with EUA and GGP but more importantly it actually does not matter what investors like BB think about them because there are PI's who do follow them and make money from. The volume needs to tick up first and that has happened. If a share is a bargain and even if there is no news but the graphs show a turn around it is basically telling you that the share was massively over sold and PI's are now getting back in and that this trend is looking like it will continue regardless of any news.

Just a thought would the police fine Grappa for going out for no good reason in lockdown?

back up to 11.5 p mid - DXB1 you should sell while you can if you have any shares - I think the share is a bargain considering what we do know without the speculation.

Up 0.75 and so 11p t0 sell - get your cloths off Grappa!

up .5 p today is what I meant - so far anyway

Maybe constructive, positive and informative posts do help since the New Year up 0.5p!

Up .75. Let's try and have a constructive and positive board. DB would have done their research to buy at 12.75p and the price of the Zinc is up 30% since then. However, you are right BB we don't know the reason for the rise. Additionally, DB have not sold because we would have had a RNS due to their stake but we don't know about TP's other investors in the placing who might have sold out at a loss, might still be invested or more than likely forward sold before the placing which would have put a huge dampener on the SP. Again we can only speculate. Nevertheless, the value of the mine compare to what we have in the ground is peanuts and that is not speculation.

Yes Shed 12.75p is the base price and we have had good news since the placing. One of the good things today is that 40 trades on LSE showing and mostly buys which I have not seen here since when EUZ last multi-bagged. We're getting noticed. Maybe the first positive weekend for 6 months has helped in the sense if poster give their positive but realistic view point it encourages a PI to investigate and do their own research and come to their own conclusions.

The SP has gone up 17% today but this is still well below fair value. Hopefully, we are seeing some new PI's commit to what could be a very rewarding investment. I don't think it will take much buying to get this to 20p in a few weeks time.

Grappa you are missing the point Has Herm said UFO went up with no news and even EUZ went up by 5 times on no news in July last year. If a share is at bargain price any good RNS would make an even bigger bargain. EUA is worth a billion, GGP is worth £1.5 billion you only need a few rich PI's to realise and EUZ can double in a fortnight and still be a bargain. Fair value for me is £20 million or 40p a share.

Another way of putting it we are worth less than .5% of the indicated resources in the ground!

Another reason I like EUZ is that even though the company is only worth £4 million it is relatively close to a mining license now and considering a NPV of $156 million (closer to $2110 million if you take the last 3 months average resources price) the price difference is staggering. At $210 million or £160 million we are valued at only 2.5% of NPV. Even companies just starting exploration would expect a value of 5% of NPV. We are so undervalued it is incredible and PI's will realise soon it is a question of when not if.

Shed I realise we have indicated resources but the extra drilling I thought was from other zones so I wrote inferred rather than indicated but I might be wrong.

Michael in my opinion this can multi-bag but that does not mean it will. LR can see the resources we have in the ground are rising and he also knows that we need to cut costs (increase his share in the project at the same time) and I think he left BZT to concentrate on getting EUZ to a mining license. Ever since the consolidation the BOD have kept coming out with positive news even the capital raising and the extra drilling in my opinion is to increase the inferred resources.
Same old same old is quite right in the eyes of many LTH's because they have trouble looking forward. UFO have risen by 12 times on potentially large resources but the chat at the moment is about helicopter analysis rather than drilling - they will either need a huge investor or very large placings to complete all the drilling and analysis. GGP up 20 times in a year are still 18 months away from a PFS (WORTH £1.5 BILLION) and need to complete drilling to get there and will own 40% of the mine due to the farm-in but they started to go up and momentum is an amazing tool for an SP. UFO falling to 0.09p was bonkers and EUA falling to 0.23p was also bonkers but in both cases LTH's were bombarded with placing after placing and unlimited frustration.
I think our turn will come and I am not saying UFO and GGP are overvalued rather that EUZ is valued at peanuts in comparison. As long as something unknow doesn't happen in the last part of the analysis/results for the PFS and as long as the price of Zinc holds up and finally LTH's who are frustrated have moved on then this share IMO has a very good chance of multi-bagging this year. Additionally, I also don't think a placing will be needed until the announcement of financing for the construction and production of the mine. This is by far the cheapest stock I have ever seen since EUA and I hold 2.95% of the shares. Prosperity looks forward don't look back in anger.

I would like to agree to disagree - I mean I think EUZ can multi-bag this year, that is why I am invested big time

Happy new year Grappa. Sounds like you have moved on because you have lost faith in EUZ for a year or so. This is the best for you and everyone if you don't feel EUZ can rise why be invested - I would like to agree to disagree. I have invested in Xeros and made some money - not invested now. Good luck and I am sure there are/were many LTH's like you.

Shed don't talk too soon - lead and zinc up around 5% so far this year- PI's will notice the risk to REWARD on this share soon

Agreed we need a steady rise of zinc before the BFS is completed not a spike just before

Silver is up 3.6%, Lead is up 3.05% and zinc 2.6% for the year- this is good news that all are resources seem to be in demand.