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MM you should be ecstatic at 2p never mind 10p or 20p. To get anything back from this BOD would be an all time first and only believable after the event.

As for the dilution ? well they could always consolidate and become a grown up company.......oh hang on ......

MM remember when the whole sorry Toral business started ? estimates here were £1.50-£2.00 a share :-)

No one has yet explained why a business like Murala which is going to be an instant money spinner is paying to be taken over by a failed speculative miner ? Could it be that all the proper companies wouldn't touch it so they have no choice.? its almost exactly a year since the BOD couldn't find funding for their last cash cow that no one else wanted (veridian) but that was last years "Xmas cliff hanger"...lol what you all need really is a re run of that other classic Xmas favourite , the great escape :-)

Welcome to the story that never ends Crisp, its rather liker Eastenders now where each Xmas approaches with the inevitable cliff hanger .

Eventually you realise that just like a good soap opera it just goes round in circles and they replay the same plots every couple of years.

Those that are hooked keep paying the subs with promises of riches , those that have seen it all before, roll their eyes with every "new" RNS.....

I predict that at the EUZ Christmas party Myles will pull off his mask to reveal Colin Bird underneath but just as you think all is lost Lawrence Reed will fly through the window screaming "git outer my Pub you Slaaags" and the Dof Dofs will sound and you will all be here for another year.............looking forward to Xmas 2026. :-)

I did it for 15 years so i dont claim to be any better than the rest of you :-) ( but i have read the script )

Europa Metals, ("Europa" or the "Company"), advises that with effect from 7:30 am (UK time) today, 14 May 2025

Maintenance of orderly markets

The Exchange will cancel the admission of AIM securities where these have been

suspended from trading for six months.

14th may -14th Nov

Radika

i first bought in to Ferrum also, from memory it was 18p, it went down to hundredth of a penny and then consolidated at 500:1 :-)

I dont know how much i lost exactly but in the region of £65k in cash but probably double that in lost investment elsewhere..you takes your chances lol :-)

Now this absolute bargain of a company just about to be cash generative comes along and wants to pay EUZ to take it over...?

So the only company they could find to pay for the privilege of rescuing them ... is a company that has failed miserably in ever project its touched over 20 year while raising and loosing £millions along the way.

What could possibly go wrong ?

"Collect" their wages might be more accurate.

Elzis

Yes thats what i was typing as you said it, A bucket load of expense's with no convincing argument for a likely return. but a continued drain on any cash in the unlikely event any was to be returned to shareholders.

I supose the obvious questions are,

1/ Like the last attempt at a RTO, why has no one else snapped this up if its the cash generating good news company its portrayed as .

2/ The BOD have failed miserably in all attempts to run a company here....who wants to sponsor them in another attempt ?

3/ How much of the remaining potential cash from Denarius shares is being put into this in legal and admin , that will never be returned if it falls through.

Anyway i am sure you wont get any answers but what could possibly go wrong with an African mining company that is keen for EUZ to take over rather than any legitimate and successful, established company.

MM

That means they have just 15 working days to sort this mess out ? (always supposing they want to )

Oh dear , could trombone be Shed with a different hat on ?...might as well be ,, I have full allowance in Premium bonds :-) A managed ISA and even money under the mattress and all have done 1000% better than EUZ. ..lol

You haven't even seen a penny back from this car crash and already someone is trying to ramp their own SP with the same old Shed nonsense....

Interesting to see Shed either left LSE or more likely changed his name . Let that be a lesson to everyone on these forums.

I would guess EUZ is nothing more than a minor irritation to him these days Bricks but i am sure he will still be drawing a salary and consuming what cash was left as fast as he can :-)

You have as much chance of an apology from him as i have from shed ...lol

3p ? how did you do that when the price only momentarily dropped under 3p the whole of last year ? You either have a very small holding or you bought a massive amount that didnt show on the buy/sell lists .

MM

"Don’t know why they didn’t just sell euz to denarius in the first place" what and end the gravy train early ? the idea is to drag things out as long as poss, i expect even now they are drawing a salary on this having killed it stone dead...

MM

Its ironic that the only time this ever looked like making some money for shareholders was when the BOD were counting on the Denarius BOD to do it for them :-).........And it looks like even that isn't going to work........you really couldn't make it up.

Given the above, the Europa Board has resolved to proceed with the return of the assets of the Company to its shareholders. The Company is currently receiving taxation advice regarding the most efficient and expedient route for this to happen and will update the market in due course.

I bet those that provide this taxation advice will see an opportunity for snouts in the trough as well, i bet they cant believe their luck :-)

Going back to the rns that said

"To the contrary, the Company believes that there is a major disconnect between the Company's share price and the implied net asset value" just 3 months ago, I wonder if they now get it because this statement really underlines how out of their depth they were managing a listed company.?

"because I bought a load under 1.4p last year. " yea of course you did Crisp.....and i sold out at £1.50p :-)

I cant imagine any of the BOD would be prepared to slum it on an MP's wage when they can get a darn sight more , part time, on a failure like this.

Bad luck chaps, i see the BOD are even now trying to screw every last penny out of this having put it on its deathbed. Accountability ? not on your life. They turned a 100% owned advanced asset into a 20% owned asset into nothing in record time..

And where is Crisp and Shed ? especially Crisp who filtered me for trying to tell him the bleeding obvious :-)

As for the BOD ? endless incentive schemes, failure, loss of £8m in raised capital, poor decisions.. at least if they ever struggle to find work again there is a job for them in the house of commons :-)

I appreciate you are trying to be philosophical Cjen and agree there is not much else you can be however

A multi million pound investment like this should not come down to luck of the draw and as for 80% ?

I suspect 800% wouldn't even dent most people's losses here.

When i first bought this it was 1 share for 20p ...it dropped to 1000 shares for 20p

it consolidated by 500:1 then quickly lost another 90% despite being a grown up company :-) they then sold out an £8m investment for £3m ?

That's not luck of the draw ? that just total incompetence.

Of course what hurts is its incompetence on the part of the shareholders really, Management themselves can walk away from this considerably better off than when they started.....

Yes they can cry into their Dom Perignon Vintage 2013 champers about the wages taken in shares but who's fault is that ?

You spend a lifetime gaining wisdom then when you have all you need...your memory goes and you forget it :-)

I keep trying to resolve this statement with the current position ?

The Company is very aware that, since the resumption of trading on AIM, the share price has declined considerably, however the Company is not aware of any reason for this decline. To the contrary, the Company believes that there is a major disconnect between the Company's share price and the implied net asset value represented largely through its holding in Denarius Metals Corp.

I wonder if the guy that wrote that writes speeches for Starmer as well ?