RE: Delays on RNS27 Aug 2020 12:14
I think I can answer at least some of your questions.
1) why the delay in releasing the Mets results, are they not as expected? There is no delay? There was never a date given. You guys set the expectations of dates. How is this EUZ's fault?
2) If Mets results are known to the company (which I believe they are) why have you diluted the shares with no consultation with existing shareholders? They are, they told you they are - it was in an RNS. They need cash. The company doesn't generate any income. How did you think they were going to pay staff, marketing teams, PR companies, rents etc.
3) I believe the Mets cannot be as good as we are all hoping, I believe Europa are having financial issues. First part is conjecture and is up to you to decide if you believe in the asset or not. Second part - They do. They have no money. See above answers
4) If the asset is as wonderful as we are all being led to believe then the banks would be falling over themselves to lend Europa money. Who led you to believe that. They've published all the figures. Its a mining is a money pit. Banks need assurances of returns (they're not casinos). That's what the AIM market was created for. To get you, the investor, to stump up the cash for potential big returns.