Member Info for martina07

Paul Johnson is just talking his own book , as usual, (also with Conroy Gold & NR), for MTR, which invests in these 2 companies, and which PJ also has a decent position.

I'm afraid "Con" is just wot the ticker implies, and is another useless piece of Teeling excrement, which has been tooling around in the Bogs of Ireland, for no tangible results for the past 10 years. All of the Prospects are sub-scale and marginal licences and the company is perpetually short of cash, and hence in the incessant Placings.

If you want to invest in Zinc exploration in Ireland then try Erris Resources or Zinc of Ireland - at least we know they HAVE some Zinc/Lead/Silver and aren't just Lifestyle Companies.

IMHO. DYOR. GLA.

Agreed Bricks, AND the Directors (except CB) STILL don't any shares in EUZ in their own names, paid for with their own cash. They have options, but they are not REAL shares and don't expose the Directors to the downside in the SP.

Wot duz that say to Shareholders ? -" I am so enthusiastic about this Company that I can't even be bothered to buy a single share in my own name" Dusnt add up IMHO. If they were so keen , they would all be re-mortgaging their no-doubt substantial houses and filling their boots with EUZ shares. But they haven't, and the 2 sets of previous management didn't either.

Just to say "Well I'm not really being paid anything" dusnt cut the mustard , with me , as an excuse either. Get some skin in the game lads, then maybe other investors and Instits will follow you ?

IMHO. DYOR. GLA.

Cudnt agree more Scott, this is a big pile of puppy droppings and people need to be told - to stop them from losing even more money than they already have. I apply the same comments to CON.L, also ramped to high heaven by PJ, in his own self-interest.

At least EUZ stands some sort of a chance - these 2 don't. (IMHO).

IMHO. DYOR. GLA.

Next MONTH you mean ? Dog days still to come.

IMHO.

An "Exploration Target" is simply that , an Exploration TARGET, taken only from surface work, not drilling.

In other words , it is a meaningless "Guess". It is neither an NI 43-101 Resource delineation or to the higher Australian JORC 2012 Resource Standard.

Hence the current share price. This is another attempt to lure unwitting investors into this hopeless," lifestyle company" .

IMHO. DYOR.

Interesting developments at MAFL today, for those who can be bothered to look. They sold EUZ the Toral/Lago Deposits a couple of years ago and moved onto a Portuguese Zn/Pb/Cu deposit.

$8m Earn-In just signed, which will take them thru PFS stage. Their Deposit is 9.6m tonnes to 43-101 standard only and the grades are MUCH lower.

Shows the sort of arrangements which can be applied, once the Scoping Study stage has been passed. A JV would probably be viewed even more favourably ? .........

On the basis of Toral's grades & contained tonnage proven so far, a similar Earn-in deal would produce a figure at least 4 times higher than MAFL's $8m, i.e. $32m, just for starters.

IMHO. DYOR. GLA.

Market Makers hould report all trades over NMS Size within 24 hours of the trade taking place. So, if you don't see it today , you need to contact your Broker to ask wots going on.

From previous experience with many other Companies , this happens all the time - just one of the many joys of the non-transparent, lightly regulated and highly misleading AIM Market, in my experience.

IMHO. DYOR.

Market Makers hould report all trades over NMS Size within 24 hours of the trade taking place. So, if you don't see it today , you need to contact your Broker to ask wots going on.

From previous experience with many other Companies , this happens all the time - just one of the many joys of the non-transparent, lightly regulated and highly misleading AIM Market, in my experience.

IMHO. DYOR.

Well, that went well !!

As predicted.

The market seems to sniff that the LS sale isn't going to go quite as smoothly as some people seem to be anticipating, or that there will be a large Caveat attached to it................

IMHO. DYOR. GLA.

The

Finland Finland Finland
The Country where I quite want to be
Your Mountains so lofty
Your treetops so tall
Finland Finland Finland
Finland has it all.

Monty Python. (they don't write em like that any more).

IMHO.

Yep, its just bin a steady drip drip drip for the last month, and especially yesterday.

Clearly a "Pro" or Mr Griffiths , but we haven't seen ANY Substantial Shareholder notices, so who knows. Clearly not someone who wants to see the Feasibility Study and is obviously under some sort of financial pressure. Could be the Beaufort Administrators, but I wud hav thought they wud hav finished by now.

Suspect JM & DH DO know who it is, but just don't want to say. Their Brokers will know , via the MM's.

There's no-one soaking up the sales, by buying in the market anyway.

IMHO. DYOR. GLA.

No Lago is just one site, although there are several licences on it, which are being re-applied for with the local Galician Govt, I think.

As far as I am aware, no actual work is going on at that site and everything is concentrating on Toral as its far bigger. There are also thoughts that Lago, although shallow and a probable open pit mine, is a "Contained" system and so NOT open at depth. Nobody has ever drilled the site to find this out though, with just surface work being done, historically.

It will be interesting to see if Toral extends to the East and at depth, after current drilling programme, as, if it does, we COULD (?) be talking about a 20m tonne + Zn/Pb/Ag deposit there. Anyways, we hav the whole month of August to wait, so may as well get some SPF50 and try and find an O'LearyAir flight to Kos, assuming the Planes engines don't go on strike, that is.

IMHO. DYOR. GLA.

Its in Appendix 5B on the RNS statement (with a link), if anyone hasn't already discovered this. Weird Place to put it - its usually in the main body of the text.

A$ 1.272m cash left at end of June 2018, with new placing monies on top of that - so they've got plenty of cash to get on with things. AND 5.6 Billion shares now in issue.

Would think that they wud go for some kind of Bank Debt , if they WERE going to go it "Alone" - which I doubt. JV the most likely option, with Farm In/Out as an outside possibility.

11th July Cordoba Core Shed Visit slides on EUZ website worth a look too, for anyone who hasn't seen them. I can confirm that the people on the slides are real people, and not Holograms, Mr Rimmer.

IMHO. DYOR. GLA.

Thank you Bobby, at last a sensible voice in a wilderness of misplaced optimism !!

I agree with everything u say.

This one action has totally destroyed my New-Found faith in this Historical "Dog with Fleas", of a Company.

At least we now know that the Sale and/or JV of Toral is a long way off, otherwise, they wudnt have done this stupid and totally illogical Placing, which pays no respect whatsoever, to existing LTH's at all.

IMHO. DYOR. GLA.

PFS is at least 6 months down the road, when the SP should be a LOT higher IF the Resource Values up as it should.

Wot worries me, is that they have done this early (a LA JT), which implies that maybe it isn't as good as many people seem to be thinking. Why have all these Millions of extra shares floating around with Turner Pope flippers when it just isn't necessary ?

It dusnt make ANY sense to me at all. Just looks like repeating the same mistakes from the past. Do BOD's never learn from historical experience ?

IMHO DYOR. GLA.

Just pathetic !

These AIm BODs just can't help themselves can they ? They didn't even need the money, yet LTH's are diluted by a FURTHER 13% and we are now upto 5.6 BILLION shares in issue.

Still, lots of lovely fees & commission for Turner Pope, whose clients haven't even finished selling the May Placing shares yet !!

We had all this Sh*t with FCR & JT and now the BOD are just repeating his mistakes. I wonder how many LTH's got a phone call from Turner Pope ?!

I shall NOT be adding to my holding - just pure opportunism.

IMHO. DYOR GLA.

You've got it in one GC !!

Get out while U can. Co. is now a piece of Andrex. Directors don't care about normal shareholders (ior even larger PI's). Mine isn't working. Death Spiral Finance now in place.

IMHO. DYOR. GLA.

Turner pope Placing Crew still flipping out. Probably will be all Summer, till the Scoping Study results come out, so don't hold your breath, or try to trade this.

I'm just wondering if we might also get an upgrade of the Toral JORC Status from" Inferred" to "Indicated & Measured Resource" at the same time as the Scoping Study comes out. THAT would be good news.

Off on me hols so GLA !

IMHO. DYOR.

As "Oddball" would have said in "Kelly's Heroes" - "Ahaaaa Baby, Woof Woof Woof !"

IMHO . DYOR.

Just remember folks - there are £2.25 Billion of contained metals in the ground here, and it will cost approx. half that to get it out. Including CAPEX & OPEX. So work out wot that is worth with 4.9Billion Shs in Issue and allow a 20% EUZ stake after a JV Deal.

Ans: 4.6p per share. Yes 4.6p., not 0.046p ! Current SP 0.010p.

IMHO. DYOR. GLA.