Member Info for lor_9

They've even quietened down on the tweets now too. Maybe indicative of being in full on deal mode and unable to spare the time...we can dream!

I do however think they are planning to take this through to completion, which is why I wondered whether they will look to line up the acquisition of another development at some stage. They are developers at heart and once you sell off a stake in a mine it makes sense to reinvest the profits

Does anyone know if the planning application for Burwell has been submitted yet?

It also look like this is the first in a series of videos. Maybe the big news is the LR is trying to take some of the attention away from the FRIENDS reunion

Putting an alert in on this for the breakout at 2.3p. If CRCL can cross that it could really start to rise. remember the 12p broker target!

Slightly controversial post but I wonder if a value event could even involve an acquisition? I haven't read the company objectives to check if it would be able to do this (and let's ignore funding for a moment) but a new development could actually de-risk this by diversification and provide a sustainable pathway for the company way out into the future. Food for thought over the bank holiday

* gas peaker - autocorrect did me there

Is a gas speaker project not a battery project did you even read the RNS? Why not buy more projects, if you can develop them and build them the money will be a madness

If Burwell is fully consented it must be worth around £2.5 million or more. Looking at RNSs Gresham house buys battery projects for around £50k/MW and Next Energy Solar just bought some solar projects from BP for £150k/MW. Do the math

15% rise the day before an acquisition. Bit leaky

I wonder if MMs are encouraging trading here by suddenly dropping the price to sell to 11p on no volume. Either that or there's a big sell order being processed in the background.

Still waiting for this 'major value event for all Europa Metals shareholders.'

About 5 £15k+ sells this morning which is why the share price is where it is. At least £100k in big sells so maybe once they are out we will realise some value

I'm far from disputing the valuation, my target price is 100p but it just seems strange how unappreciated the company is. As the share price is not rising that implies that sells are equal to buys at least

I'm supportive and agree with you both but how do you interpret all the selling? We now know more compared to the placing and yet the share price hasn't risen and there's a LOT of selling going on at the moment.

Our CEO is a fan of the Friday RNS so there is a good chance we will have an update then. Or lets hope so anyway

You have to wonder why they have released the RNS now when we are not even at year end. Any idea why?

Great news tradeuk. I can never understand the price for this company. Currently I can sell for 12.8 or I can buy for 12.65. No wonder it is traded so much? Given the news, who has a been topping up recently?

Bobby I agree but then PR has never been our glorious managements strength. Can anyone offer free PR lessons? ;)

Bobby if the company isn't ready to release news all we can do is research ourself. Boots on the ground in Spain seem to be a much better source of informacion and there's nothing to say it isn't trustworthy.

Not all news has to be put in an RNS and if there is nothing material yet it's understandable the company hasn't updated the market. What the local papers do suggest is that a lot of work is underway so I'm sure news will be released in the next couple of months.

Based on this I feel we have an exceptional opportunity here. Local support is positive and using the project as an educational/research hub is a clever strategy to attract support. Honestly I believe we are on the verge of something special here

Next part

Once the mineral has been crushed, it will go through the flotation process, whereby «first the lead and then the zinc are separated from the rest of the ground material, concentrating from an initial grade of around 4% to a grade of around 61 % in the case of Zn concentrate and 70% in the case of Pb ». The process ends with the processing of the residue to deposit it dry in a dump on the surface and wet back to the mine.

The product is transported by truck in bulk to a smelter, such as the one in Castrillón (Asturias) , to obtain high-purity zinc, lead and silver after refining.

Currently, the Europa Metals projectIt is in a time of Exceptional Extension for three years to maintain the investigation and it has already been presented to the City Councils of Sobrado, Carucedo, Toral de los Vados, Carracedelo and Borrenes. Until November 15, 2023, Europa Metals will continue designing its mining project in Toral in order to present the application for an Exploitation Concession in the shortest possible time.

The consulting firm Bara Consulting has been developing its conceptual study of the project especially in the areas of metallurgy, resource estimation and geotechnics, something that will be released to give birth to a Pre-Feasibility Study (PFS). Within this study, the company Sondeos y Perforaciones Industriales del Bierzo SA (SPI)has been conducting a new drilling campaign since the beginning of this year.

With the data from this survey, the data will be processed to develop software "that corrects the deviation of the surveys carried out by drilling with core recovery," they explain from the company. At the same time, the company seeks support for its project as a focus of R&D.

In this sense, he assures that professors from the Faculties of Biology or Geology of the University of Salamanca, of Biodiversity at the University of León , as well as of the Miguel Hernández University of Elche , and researchers from departments such as Biodiversity and Environmental Management, through departments such as Ethnobotany, Taxonomic and Plant Conservation at the University of León or Mineralogy, Petrology of the Complutense of Madrid, contribute from the academic field their technical solvency to contribute to the technical, social and environmental standards of the called Project Toral.