Member Info for Moneymakers

Even if you add

The Company intends to issue a further 5,434,676 new Ordinary Shares (the "Second Fundraising Shares"), to raise gross proceeds of approximately a further £270,000. The issue of the Second Fundraising Shares is conditional, inter alia, upon the approval of Shareholders at the Company's 2021 Annual General Meeting proposed to be held on or around 30 November 2021, formal notice of which will be notified to shareholders shortly. Subject to Shareholder approval, the Second Fundraising Shares are expected to be admitted to trading on AIM on or around 1 December 2021.

This adds up to over 30 million I don’t get it can someone explain?

I think if LR and co wants their 270,000 they need to exercise their warrants at 8.89p each get LR and MC to put some skin in the game

The shares don’t even add up on this RNS

The Fundraising has raised, in aggregate, gross proceeds of £1.5 million through the placing of 19,527,920 Placing Shares to certain institutional and other investors and a subscription by certain other investors directly with the Company of a further 10,472,080 Subscription Shares in each case at a price of 5 pence per share (ZAR1.01).

As noted above, the Fundraising comprises a placing and subscription of new Ordinary Shares to be effected in two tranches. Accordingly, the Company will issue 24,565,324 new Ordinary Shares (the "First Fundraising Shares"), to raise gross proceeds of approximately £1.23 million, to participants in the Placing and Subscription under the Company's pre-existing share capital authorities to allot equity securities granted at the Company's annual general meeting held on 30 November 2020.

It’s nuts

Yep I’ve sold a few more on that interview he’s not the man for the job. He wonders why the SP is where it is and the answer is because of him and can’t communicate.
The only people that are backing this are DBA only hope would be they do what they did before so they bought about 4 million at 12.75 and about 2 million at 6p so 18.75 wouldn’t quite be halved but they possibly have an average of 10-11p to get a return they would possibly pump to 15-20 on news

https://twitter.com/LtdEuropa/status/1453283585121787920

Interview out

Also LR and Myles did take part in the last CR at 12.75p aswell. Must be something in it for LR and myles

@grappa it does say the cash will be for 12 months so can’t see it being no Q1 2022 I’ve sold a few this morning.

To add to the below WH Ireland we’re part of EUA in 2000 before leaving as broker in 2020

Eurasia Mining PLC 20 September 2000 EURASIA MINING APPOINTS WH IRELAND AS BROKER TO THE COMPANY Mr Andrew Counsell

1 May 2020 — @eurasiamining confirms that WH Ireland has now ceased to act as Nomad and Joint Broker for the Company with immediate effect

Look which director worked for WH Ireland hmm Mr Campion

http://www.europametals.com/site/corporate-information/Board-of-Directors

He was based in London for five years working at Barclays Capital in their natural resources team and as a Senior Resource Analyst at WH Ireland

Well had an operation this morning saw the RNS at 4:00pm well learned my lesson no more from me I’m out tomorrow morning at a loss.
LR knew this company was in the **** that’s why he did the accelerated book build and why the placing is so low

Understanding Accelerated Bookbuild
An accelerated bookbuild is often used when a company is in immediate need of financing, in which case debt financing is out of the question. This can be true when a firm is looking to make an offer to acquire another firm. In simplified terms, when a company is unable to obtain additional financing for a short-term project or acquisition due to its high debt obligations, it can use an alternative route of obtaining quick financing from the equity market through a process known as accelerated bookbuild.
Read the rest

https://www.investopedia.com/terms/a/acceleratedbookbuild.asp

Basically let the company run dry couldn’t get any deal over the line.

https://news.sky.com/story/china-details-carbon-emissions-plans-but-offers-no-new-pledges-ahead-of-cop26-12443988

Well China ramping up coal production is great news for Spanish miners the EU want to go green China don’t care. The EU will look to their own producers

https://www.france24.com/en/live-news/20211006-spain-s-rare-earths-pit-greens-against-tech-security-and-profit

Cop26 coming up woodmac to see an increase in metal demand

https://www.woodmac.com/news/opinion/cop26-will-ensure-metal-demand--but-what-about-supply/

That big cocoon went out in July

https://twitter.com/LtdEuropa/status/1414863548090658823

Junta said yesterday
https://twitter.com/jcyl/status/1451180666448584706

El vicepresidente de la Junta asegura que la nueva ley de transparencia de #CastillayLeón, que alcanza a todos los entes y empresas que reciben dinero público de la Comunidad, es “muy avanzada”
Translated from Spanish by
The vice president of the Board ensures that the new law of transparency of #CastillayLeón , which reaches all entities and companies that receive public money from the Community, is "very advanced"

Lots of funding about Bricks

https://www.miteco.gob.es/en/prensa/etj-english-interactive_tcm38-505653.pdf

Infrastructure Development Agreements for the Mining Closure
Plan and Grants for the Recovery of Coal-Mining Regions based
on Job Creating Business Projects
The Institute for Restructuring the Coal-mining Industry and the Alternative Development of Mining Regions
(IRMC) has renewed the Framework Agreement for a Just Transition from Coal-Mining and the Sustainable
Development of Mining Regions for 2019-2027.
The framework cooperation agreements with the Autonomous Communities serve to channel IRMC support to the development of both infrastructure projects and projects to restore degraded areas. The support in question is in the form of direct grants.
In the Principality of Asturias, 70 actions have been selected involving specific infrastructure agreements
in Asturias, with maximum financing of €97 mill. (75% provided by the IRMC and 25% by the Principality
of Asturias).
Grants for the Recovery of Coal-Mining Regions based on Job Creating Business and Investment Projects,
on the other hand, provide an overall amount of aid of €250 mill. to boost recovery in mining areas in Castile
and León, Asturias, Aragón and Castile La Mancha, in the 2019-2023 period, which can be extended until
2027. The basic regulatory orders for these grants for the 2019-2023 period are in the pipeline.
With regard to the call for application for 2018, the Principality of Asturias has nine business projects to
create 52 jobs with the provision of €1.7 mill.) as well as 65 small business projects to create 113 jobs with
the provision of €2.6 mill.).

Spain and portugal integration
https://www.esmimet.eu/en/

https://docdro.id/ZlEuz0p

There you go ill put my bill in when the EUZ shares come up ..LOL

Thoughts on the next RNS. This week? Next week? or November? End of november will probably be annual report so interim we have Resource upgrade figures, Hydro work, Funding?
Will we start to see a tick up as buyers flood in before news. Getting a little more exciting day by day

Tweet late on with the lead price..Following queries; below is the pb from(lme). Euz uses 3y averages from consultants as; showing 3rd parties toral margins on conservative parameters means credibility of a robust project. Price increase great, but bara study ebitda on 3y numbers works v. Well

https://www.etuc.org/en/spain-guarantees-just-transition-miners

This ended last week too. Just a thought if theres any funding coming from this?

@B1ll we don’t know big secret all we know is we have funding for key PFS components up until they are here we have cash. Plus we haven’t drawn all the grant money only tranche 1 and 2 I presume we’re good for another 4 months until the EU grant arrives or a signature.

Also exciting news

https://events.eib.org/event/2e42f8b1-185e-4ee7-a0a3-1b509030a333/summary

The green, social and sustainability bond market is about to break another record year of issuance.

Join @EIB & @UNDP to explore how they may serve as real tools in implementing #SDGs within emerging markets.
???20 Oct 2:30PM CET. Register by the 19th –
events.eib.org/event/2e42f8b1…