Member Info for Moneymakers

https://markets.businessinsider.com/commodities/zinc-price

$4371 per tonne it could touch $5000 our 3 year trailing price has increased significantly our resource from the next lot of drilling could also significantly add to our current 2 billion over 12 years oh how under valued we are. Just wait until we have a pit for mining, an investor onboard and a new project.

Another chunky buy this morning

Warrants to be exercised this month at 12.5p??Just saying not off the cards yet. £600,000 that would be in the coffers.

I’m expecting to hear about our new project very soon can’t see them doing it before Easter but could be a surprise in there.

Looking at the trades it’s seeming there is accumulation at low levels of decent volumes.

Interesting times ahead the next few months another UFO company in the making?

The 3 year trailing silver price will be god for us too

https://www.bullionbypost.co.uk/silver-price/3-year-silver-price/

65% up

Zinc at heights

Leads up too

https://markets.businessinsider.com/commodities/lead-price

Back end of April im guessing for an RNS seems to be the norm since LR departure and Easter next week got to catch some spanish sunshine :)

Looking at the 2030 Agenda though https://en.unesco.org/sustainabledevelopmentgoals

Affordable and clean energy, Climate action, If you also look at this from an employment point of view and the education sector Europa have been going down stands a chance it might come through an alternative chaannel not direct from this.

If you download Download from the link
https://www.tramitacastillayleon.jcyl.es/web/jcyl/AdministracionElectronica/es/Plantilla100Detalle/1251181050732/Ayuda012/1285137218796/Propuesta
ORDER PRE/89/2022, of February 10, which determines the amount that corresponds to each local entity in the General Local Economic Cooperation Fund for the year 2022 (BOCyL 02-15-2022

toral de los vados at the bottom has 38,000,000 assigned to projects

I wonder if some grant money is an option

https://www.tramitacastillayleon.jcyl.es/web/jcyl/AdministracionElectronica/es/Plantilla100Detalle/1251181050732/Ayuda012/1285137218796/Propuesta

FCELG 2022: Local Entities of the Community of Castilla y León.
Associations: Urban Associations of General Interest; the region of El Bierzo; The Mancomunidades and Communities of Villa and Land, Land Communities, Associations or other Traditional Associative Entities already in existence.

WHAT IS THE HELP FOR?

Eligible actions
The 2022 General Local Economic Cooperation Fund is intended for:
• Local economic cooperation fund for Investments whose purpose is the
compliance with any of the united nations sustainable development goals
framed in the 2030 agenda.
• Local economic cooperation fund earmarked for investments to deal with the
demographic challenges.
• Local economic cooperation fund earmarked for employment programs to make
facing demographic challenges.
• General local economic cooperation fund of an unconditional nature.
As a novelty, as of this year it is granted to provinces and municipalities with a population
over 20,000 inhabitants the possibility of choosing, in relation to the amount of the Fund
earmarked for measures or programs to address demographic challenges, including
application to employment programs or its application to investment measures.
Investments of the Urban Associations of General Interest that are effectively
constituted and declared on the date of completion of the period for submitting applications, in
the terms established in the Second Section of the Order.
Investments of the Comarca of El Bierzo for having recognized a treatment similar to that foreseen
for the Associations of General Interest in the aid of the Administration of the
Community of Castilla y León, under the terms provided in the third section of the Order.
Investments of Mancomunidades and Villa and Land Communities, Land Communities,
Associations or other already existing Traditional Associative Entities, in the terms established in the
Fourth section of the Order.
These investments must be destined to satisfy any of the development objectives
(SDG) marked in the 2030 agenda approved by the UN General Assembly.

The worst part about this is we have the right broker now
Look at their track record of late
https://www.whirelandplc.com/capital-markets/recent-transactions

We have Bennelong who can pull deals

As of yet nothing for us. Must be our turn this quarter!!

Interestingly Junta have released an app
https://energia.jcyl.es/web/es/comunicacion/aplicacion-movil-eren.html

More interesting it has

News and events of interest published on the energy and mining portal of the Junta de Castilla y León. I downloaded it sadly don’t understand spanish

Zinc has just smashed an all time high
https://markets.businessinsider.com/commodities/zinc-price

https://www.proactiveinvestors.co.uk/companies/news/978257/europa-metals-continues-work-on-toral-and-has-evaluated-two-potential-new-projects-978257.html

Europa Metals continues work on Toral and has evaluated two potential new projects
“Over the coming period, the board will continue with its endeavours to establish a clear pathway forward for Toral to deliver future returns for shareholders,” said boss Myles Campion

So that means this quater over the coming period??? Let everyone cut their losses on this back in 3 months unless those 12.5p warrants get bought

Warrants exercisable at 12.5p each on or before 30 April 2022
5,333,333
Broker Warrants exercisable at 12.5p each on or before 30 April 2022
276,000

It’s end of year right time to buy will be tomorrow

I did say sell off tax losses before year end

I know that Shed I haven’t either but my assumption would be as there was no clause saying if this is then sold on by goldquest Lundin would have rights to buy back in. That would have been exclusive deal for Lundin I assume they forfeited that when it was sold to ferrum crescent but as you say not 100% clarification although didn’t Cjen say he got edgy at the AGM about Lundin and palmed the question off

@grappa
Below is what Shed is referring to
https://www.goldquestcorp.com/index.php/news/archive/170-goldquest-acquires-spanish-lead-zinc-silver-project

However we have to

In connection with the Acquisition process, the Vendor, Crestgate, Lundin Mining Corporation ("Lundin") and others, entered into an assignment and restatement agreement (the "Assignment Agreement") with respect to certain residual historic rights held by Lundin and its subsidiary over the Toral licence area. Pursuant to the Assignment Agreement, the Vendor is required to:



i) make a one-off payment of US$2.5 million to Lundin at such time as a decision is made to proceed with the construction of a mine on the Toral licence area;

ii) make a further one-off payment of US$5 million to Lundin following commencement of commercial production (as defined in the agreement) on the Toral licence area; and

iii) pay Lundin's subsidiary a 1.5 per cent. net smelter return royalty upon commencement of commercial production on the Toral licence area.

The Vendor's abovementioned obligations to Lundin under the Assignment Agreement are guaranteed by Crestgate and pursuant to the terms of the SPA will be assumed by the Company within twelve months of completion.

Would it make sense to Toral so this agreement is abolished?

Interesting though

@mfm won’t happen ..IMO Toral already has a investor on the cards. What you will see which I didn’t want to happen but the acquisition first.

Look at UFO in 2019 https://www.lse.co.uk/rns/UFO/?page=6

They did an acquisition at a low level share price 9 months later they did an investment webinar the SP shot through the roof we are more or less the same but we have an asset ready to go. Bennelong can pull deals off that no one can it won’t surprise me to see more shares on issue in the not too distant future but as been said before Bennelong can buy at 5p. Will this possibly go lower next few days?..probably I did say people would use this as a loss leader before the end of the tax year and seems like the seller was in force Friday. Does this have the potential to bounce back this quarter? Yes it’s probably the most significant to EUZ. I gave 6 months before the next raise but now knowing in December we had $2.5 million and expenditure is reduced gives me hope that a deal will pulled out the bag.

@highside maybe this might help from mining sense

https://mining-sense.com/en/portfolio-item/toral/

Project in Pre-Feasibility stage. It has been developed project alternatives and it has been driven the preparation of conceptual studies for it later development. Project management in Spain taking responsibility on the administration procedure.

Coordination of Europa Metals excellent team for the achievement of exploration works with deep drillholes and complementary studies.

Huge potential project in the heart of Europe, as first objective the aim is to guarantee the feasibility of a sustainable underground mine and processing plant that enables a deeper exploitation extending life of mine.

@highside to Derisk Toral surely must be the final stages

The programme, which will collect data on the expected ground conditions at several proposed sites for a future plant, is expected to be completed in the coming weeks.
If can show someone this is where the plant will be you have derisked the project further.

The next stage of drilling with results as you go from inferred to indicated although 5.6 million tonnes indicated is great but there’s more to be done.

An Inferred Mineral Resource has a lower level of confidence than that applied to an Indicated Mineral Resource. An Indicated Mineral Resource has a higher level of confidence than an Inferred Mineral Resource but has a lower level of confidence than a measured mineral resource.

Does this mean once we have the final results from WAI and tomra are these measured? which totally derisks the project.

Proactive says they looking at new projects too

https://tinyurl.com/ycylpn2q