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So finally after years of waiting, years of moaning and years of hoping EUZ would put out an RNS that actually shows where they are heading. The day has arrived where share holders of old can finally see a light at the end of the tunnel, Europa Metals are finally going to be a grown up company with a future ahead of them. The RNS has news to be excited about, numbers to be excited about.
2023 looks like it will be a good year hurrah, good luck to us all. There is no need for the share price to crash now going up eventually is the only way this is heading. Boom boom bash!!!!!
£1 by tomorrow afternoon. That won't happen, maybe some point after the next 1/4 RNS another 1/4 of growth and profit and the SP will move.
I think Metro will keep bobbing around 75p - 85p for a while yet. Back to the bottom drawer goes this investment.
So currently 1.4 billion bought, 1.2 billion sold. On Thursday close with similar numbers but buys and sells the other way round we were approx 0.003p now 0.0018p. This market is ridiculous. :-(
So leaving us 20% of asset approx value £400 million. Working on 30% profit I make future share price of £1.50 per share.
Back of fag packet maths, not Inc any dilution.
I would accept 30p per share and leave you all to it thanks.