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This isn't a good sign. It's almost like the shutters have been pulled down and the BOD are burying their heads in the sand and not willing to communicate.

Still no reply from Myles can only assume he's working on Katoro Gold. I will see if I can find the fund manager at Bennelong.

Hi Bricks, agree with your thoughts. Hence why I think there's many of us with sell limit orders set to try and bail before dilution occurs. I would rather have 4.5p than .45p. No doubt there will be a further consolidation to make the SP look palatable.

However how much could they raise on such a low MCAP plus would any LTH part with more money? Think we said in the past newbies may jump at a bargain basement offer.

Unfortunately Sheds I have to go on tangibles and not valuations. The asset may be good, do we have a means to get it out of the ground? how much money do we have left? If I go on facts and observations I see no news, an out of date website, terrible investor relations and a CEO that's left. The latter being the biggest hint to us all.

Mailgirl, you're welcome :) I think the stampede will follow soon after and can imagine there's lots who have done the same thing but may be holding for 5p or a touch above.

Hi MM, can you see the article. Says you have to subscribe.

Teaye my fingers are crossed. It will be a huge weight off my back to shift all 700K.

Teaye no not averaged down (throwing good money after bad IMHO but I could be wrong) I'm on average 60% down at the moment and cutting my losses and running if it reaches 4.5p. I think there will be a mass exodus at 5p so getting in before the stampede. I was tempted to wait for a possible Aim Rule 15 but then its tied up until RTO which is another 6 months. The latter could come good and potential for more than 5p but it's a long wait.

Good spot Teaye. I know it's very unlikely but I've set up two sell limit orders to last until the end of Friday in case the this drives the SP up with any buys. If we hit 4.5p watch out for two large sells for volumes of 300K and 400K (ISA and SIPP)

More of a worry is the silence and I think LR leaving was a big hint that things are not as they seem.

Kinda agree Highside about Twitter and Facebook posts. However if an investor emails someone direct I would have at least expected a confirmation of receipt but nothing from both emails I sent. I think the guys in Spain are ticking over probably finding work to do (hopefully work that has some benefit) whilst the BOD (one man show) who knows.

It seems like we're running on a skeleton crew with nobody at the helm steering the ship and no more money to move the large ship. I'm sensing the worst I'm afraid and LR leaving is probably the biggest hint that things aren't good with EUZ.

The pic is the outflow to flush our investment into a big hole. Saying that you don't need a hole that big for our MCAP unless it's in cents or pennies.

For those who attended the AGM, can anyone remember the name of the Bennelong representative? I think I will have more joy with them finding out whats going on with EUZ.

I think we need to try and track down the fund manager at Bennelong to see whats going on here.

Can anybody find anything on ferrum metals pty ltd? I'm looking at the group structure and nothing. The Europa website looks like it's not been maintained. If you click on the latest video on the home page says the video is unavailable. It really does feel like this company is mothballed and nothing is going on.

MM, did you use his direct email or the info one? If you used his direct email and no replies then my suspicions may be coming true.

Thanks guys I've resent the email to his direct addy

Will do MM, bad form if he's never replied to you.

Hi Scheds,
could you let me know where I can find his own email?

Just to let you know I've emailed Myles using the following email from the Europa website info@europametals.com.

I've asked numerous questions relating to cashflow, Toral and Bennelongs involvement.