Member Info for MickR

I would think the SFO should get involved here if the FCA are not willing to step in. There has been a serious fraud here which should not be allowed in this day and age. The US SEC would have already gotten involved if we were in the US.

20% up ...Boooooom. Don't get spiked though

Too many traders here, I would avoid buying IMO until the finance fiasco is explained and the CEO is held accountable.

I sold yesterday. DYOR

Too many round number sells? Is this being forward sold? If not, who is the seller?

Would be great to take VAL private IMO.

AIM needs a clean up.

£9,000 buy gone through, news on the way?

Oh no, there goes my £5K.

This share moves fast. I would think 1.3p today will be seen now that the panic sellers are out. IMO DYOR

Europa Metals Ltd

("Europa Metals", the "Company" or the "Group") (AIM, AltX: EUZ)

Drilling & Metallurgical Update: Hole TOD-024 Completed, Hole TOD-025 Commenced and Locked Cycle Test Completed, Toral Zn, Pb & Ag Project, Spain

Europa Metals, the European focused lead-zinc and silver developer, is pleased to announce that the first hole (TOD-024) in the current diamond drilling campaign has been successfully completed on target, terminating at 302.40 metres, with no significant deviation, and returning visible sulphide mineralisation for assay. The next drill hole, TOD-025, was commenced immediately following completion of hole TOD-024, made possible by the fact that the same drill pad is being utilised for both holes. It is expected that the sequence of drill holes targeted for this drilling campaign will largely utilise the same drill pad. Assay results for all of the holes drilled are expected to be announced shortly following completion of the ongoing drill programme.



As announced by the Company on 15 November 2019, the ongoing drilling campaign is initially focusing on a target area to the west of the current Indicated resource area within the existing Inferred zone. The overall objective of the drill programme is to increase confidence levels in the resource within the central, proposed future mining area of the Toral project, as set out in the December 2018 Scoping Study.

The drilling of hole TOD-025 will continue to mid-December 2019, when the contractors, Sondeos y Perforaciones Industriales del Bierzo SA, are expected to suspend operations for the Christmas period. The drilling of hole TOD-25 is anticipated to recommence in early January 2020, as planned and in line within the Company's drilling schedule, with the drilling of further holes thereafter.

Metallurgical testwork update

Further to the Company's announcement of 15 November 2019, the locked cycle testwork is now compete and the Company looks forward to receiving the independent metallurgical report from Wardell Armstrong LLP before the end of the year. Such a report will provide an initial understanding of the potential saleable zinc, lead and silver concentrates obtainable from the Toral project, in addition to data on potential recoveries from a future mining process and identification of any by-products from future production.

I am a holder at an average of 10p. Would be good to see that price again.

Fingers crossed.

What are people's thoughts on any asset sale? How will it reflect on the SP?

Dropping quicker than a Wh0@re's knickers...where is the RNS?

magicpuppy,

Agreed. RBD also getting hammered. Insiders dumping IMO before the dreaded RNS IMO.

Balls of steel to hold this now IMO...DYOR

I am out...this price action is too fishy.

Someone seems to offloading 50,000 shares en-masse...God forbid if this is a duster as well see sub 10p IMO.

Risk-Reward

This is a massive sell of- What is happening here?

This has been a fantastic trade for everyone. However, having been burnt in CTAG and FRR, I have learnt my lesson that on AIM, you should only invest what you can afford to lose.

This could easily be 0p tomorrow or 10p. Place your bets, take your chances.

People should not forget this company is debt free and has great IP that has everyday use like in washing machines.

At 1.10p, it is a bargain. I am sorry to people who are holding from 10p plus days but I hope it gets there and higher.

Another pre-pack administration?
"Shareholders should be aware that in the event that the Company is unable to secure the further funding from FLFL or through alternative sources, it may no longer be able to trade as a going concern."

FLFL can pull the plug and buy the company on the cheap (£1?) in administration.

Am out. This could be another Debenhams.