Sentiment growing on ADVFN31 Oct 2018 10:27
Great opinions and no doubt positions being taken!
I reckon the best is yet to come from EUZ, £6m cap is madness. If the SS doesn't straighten this one out then a JV or possible sale of Toral would. Well when you look at what re-assaying just selected cores did to the JORC then just imagine if they took the time and money and re-assayed all 40,000m of historic cores, let alone drill further high grade extensions, they could go to that expense with a large JV partner. Imo 19Mt is only scratching the surface (literally as its still open at depth and along strike :)). It'll be interesting to see what the infill drill shows to firm up the SS towards DFS and JV/funding. The tiny cap and quality of the asset makes this one vulnerable to a bidder.
Agreed, huge asset around $3bn of contained metal in Spain, a slow but mining friendly area. Its in a region that's been heavily mined with a historic mine within walking distance from Toral. LR has already been talking to 3rd parties and mentioned that in an interview, that's why he's so excited about the quality of this very large discovery. Cap here should be easily £20m+ before scoping study, there's many companies out there with higher comparative caps and lesser assets, across both oil and gas and mining. Its only a matter of time before this one pops.