Member Info for martina07

In the process of buying some stock here , as I think it's a World Class Asset with a World Class Management team, in a commodity that Europe is going to continue needing. Even the Krauts are thinking about turning their Nuclear Plants back on, and even the UK is building new ones.(When Lovely Theresa breaks open the Piggy Bank that is !).

The bit that did it for me, was when the Spanish let BKY list on the Madrid Bourse and they listed on the Main Market in the UK , instead of ****-Pot AIM Market.

Proper Company , well below it's All-time SP high.

IMHO. DYOR. GLA.

Was idly looking at BEM today and noting their Mkt Cap of £27m, for an Iron Project in Sweden, which I don't think will ever get a Mining Licence. They are at roughly the same stage as EUZ in the completion of their Scoping Study.

Different metal, I know, but I am sure that Zinc, Lead & Silver are a LOT more exciting than Iron Ore right now , yet BEM Mkt Cap is 7x higher than EUZ !. Strange how the market values such things at times !

Similarly , Canadian Zinc (CZN on the Toronto Mkt) has a mkt cap of £30m and THEY are very similar to Euz in both the metal and the stage of their project................Ho Hum .

IMHO. DYOR.

Nope, he's gone.

It's Jesus, et al now, plus the Spanish guy who used to run the Rubiales Mine, which I think speaks volumes and is a good "Hire", as that mine ran profitably & will probably turn out to have similar geology to Toral.

IOW all of the spokes have been added to the "Wheel" - all except the Scoping Study, which will give the BOD most of the answers they need before Selling or JV'ing Toral.

IMHO. DYOR. GLA.

I think LR & CB know that they HAVE to sell Mankayan this time around , and soon, otherwise they will miss the copper cycle again and God Knows wot other problems Donald Toupe may create in the World Mining Space,

I note LR was making Comparisons with MTR's T3 Botswana Project on Vox last week , which makes Mankayan look a lot bigger and better, yet it's the T3 project that has been Sold & JV'd...........

IMHo. DYOR. GLA.

Actually Juki has gone, but been replaced by 2 Ex-BKY Mine Manager and Exploration guys, including Jesus.

He was quite long in the Tooth (no pun intended !) and not really suited to this more dynamic, fast-moving type of project at Toral.

LR KNOWS that he has to keep a high momentum behind this project, otherwise it will do another "Moonlight" and NONE of us want that !

I don't know why LR mentioned the "Portuguese Smelter" on VOX, the other day - but that may fit into the overall Mine picture at some future stage ?

IMHO. DYOR. GLA.

Makes sense Bricks. Didn't do BKY any harm recently and the Spanish are short of new Cos listing on the Madrid Bourse anyway.

IMHO. DYOR. GLA.

Nowhere in today's RNS is ANY mention of the REVENUE to be received from these 2 Chinese agreements.

Is the POLY4 to be sold to at a Profit, Break-even or a loss to SXX ?!

Without that information, the RNS is practically useless, and hence the muted SP reaction, I suspect.

IMHO. DYOR. GLA.

Slight low-down in the order book, that's all.

Great Company, with great management and one of those which will be crucial to the UK's future commercial development, after Brexit has gone through.

The wise would be buying more, at today's oversold price levels in my view, not selling. (buy "when there is blood on the streets", as Lord Rothschild once said).

IMHO. DYOR. GLA.

Well really I was just referring to the fact that deals ARE actually taking place in the copper space, which they certainly were NOT, 1 year ago, when copper was pretty much on the Back Burner, globally.

I don't have a clue as to who might be interested in Mankayan as either an outright Buy , or as a JV Partner, but LR's recent , documented, comments on End users and Oil and Car manufacturers, in particular, point to a way of thinking that does not necessarily mean that a Mining major , or indeed 2nd liner (Goldfields) needs to be involved.

However, that said, if Goldfields thought it through, they WOULD still be a likely candidate, as they own 50% of next door's "Far South East" Copper/Gold Porphyry Deposit, and so could develop a copper/gold mine of some significance, with single shaft access, between the 2 deposits, which would certainly help to lower mine CAPEX.

In any event, interesting times ahead , I believe. No doubt CB has had his own input into the likely future direction BZT will take , as well !

IMHO. DYOR. GLA.

Read LR's undermentioned Vox Squawk from yesterday.

Then apply some lateral thinking.

IMHO. DYOR.

The Turner Pope Placing crew still have to get out, and I don't think we will see the Scoping Study Result until End September at the earliest, - so Dog Days ahead.

Buy the dips - the current SP makes no sense at all.

EUZ Worth 1p/share of anybody's money, even at the current stage, in my view. But hey-ho, wot do I know ?!

IMHO. DYOR. GLA.

I see MTR have today sold and JV'd their Botswana copper Project, (T3) for A$ 27m and a 30% share in the new company.

Their deposit is half the Copper content of Mankayan and dusnt have the Gold either. Indicative that deals ARE happening in the copper space & highlights the craziness of the current BZT SP................!

IMHO. DYOR. GLA.

I realise that No-one is really interested in BZT at the moment and that we are at a 52 week low for the SP, but I think that Mankayan is definitely going to get sold at some point. Probably , out of the blue, when we are not expecting it - and not to the people whom we are expecting it to be sold TO, either ! (Think End-users, rather than Mining Majors).

Eureka is pretty much worthless , in my view - like the Argentine Economy - and shud be disposed of, for whatever LR & CB can get for it. Then pay a Special Dividend to Shareholders, wind up BZT or merge it into EUZ, the other LR/CB vehicle.

IMHO. DYOR. GLA.

Quite agree with everything U say IBJJ. Kallak is now a liability, which needs to be disposed of, for whatever Kurt can get for it, to the likes of LKAB, or another Swedish Mining Major , like Boliden ? They need the graphite to work and Finnish Grants to make that happen. Otherwise ...... it's another large round of fundraising from shareholders, which won't go down well. The SP is currently over-optimistic, by a factor of at least 2x, IMHO.

On the EU, I Saw a very interesting TV Programme the other night which showed how the EU was basically created by Martin Borman and the Nazis, in the last days of the Third Reich, in conjunction with leading German Industrialists who realised that the war was lost and they had to preserve their assets. The 1st President of what eventually became the EEC, was just one of those said German Industrialists. The Germans (hello Herr Junckers), lost the War, but won the peace and want to create a Federal Europe, including the armed forces, with Britain as a big part of that , in order to help foot the bill.

So, Mrs May, Mrs Soubary, et al, do you REALLY want to finish off Hitler's work for him ? I certainly don't.

Britain was great and stood alone against the whole of Europe AND the USA, in the 17th and 18th Centuries. I'm quite sure that we are capable of doing that again.

IMHO. DYOR. GLA.

Oh good. We've hired a drill to do some "drilling". How exciting ! Highly unusual in a mining exploration company, I'm sure.

IMHO. DYOR. GLA.

Preliminary Abbeytown Drill results look OK, if grades not exceptional. Starting to map the true extent and depth of the resource though, which is progress from original mine, 50 years ago.

Think the Underground results cud b a lot more interesting though. Some of those original Underground Pillar grades WERE quite exceptional .(like 30% + ZN).

Time will tell

IMHO. DYOR. GLA.

Tum te tum - and its" the return of Mr Sellers" - drip, drip drip !!

PFS now overdue and badly needed, IMHO.

IMHO. DYOR. GLA.

Regret to say, that I think LTH's are going to get legged-over here. The silence since the mine was shut for operations is deafening and a refusal of the BOD to even consider talking or presenting to Shareholders, looks very ominous indeed. I had a similar experience with a POS called Forte Energy - and THAT didn't end at all well, for anybody.

Don't rely on Ed Nealon helping everyone out here either - because he won't.

IMHO. DYOR. GLA.

Share price is now really lamentable. More than halved since the IPO 6 months ago, despite news being relatively benign (and certainly not bad), although the 30% fall in the Zinc price over the past 2 months dusnt help. Dusnt seem to be appearing on many investor's radar screens either.

I guess we're just going to hav to wait for full Abbeytown Drill results to see where we really are and hope Brannberg comes up with the goods too, in Sweden ?

IMHO . DYOR. GLA.

Luks like the Herd hav finally arrived at Euz, but good to see a bit more volume anyway, even in the Dog Days of Summer. Usually a précis to further news or action. ?

Anyone noticed that Zinc price has fallen $1000 /tonne since early May 2018 ? Lets hope Wiggy Donald dusnt spoil our (eventual) party ? T'wud be a shame to miss it.

IMHO DYOR. GLA.