The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Yes, look at this RNS
Presentation on Strategy for Toral ProjectWed, 9th Oct 2019 12:38, RNS Europa Metals Ltd, 09 October 2019
Click on the link and there is an excellent Presentation by Laurence. Ive just watched it again and If i had liquidity I think i would buy some more. Someone is going to buy this mine from us.....we are too cheap!
Tend to agree...... I could not believe that it only did what 30 to 40% on JORC before ending the day flat. But from watching other stocks anything above 100% is unusual. I think to break through the ceiling we need some good sentiment coming from EUZ about next steps to sell this mine. I think another round of drilling, whilst understandable - to increase the reserve - will not buoy the SP much. We need rocking METS stating that the metals can be extracted and a potetial buyer in the Wings. I dont think we should forget the German Fund that invested a while ago, I assume they are still invested.....they did not invest to see their investment deminish. We have a mine with great JORC, hopefully great METS, in an EU Country that has a positive stance towards mining, in an area known for mining and due to closures a skilled work force ready to work, close to a smelter and close to a major port. What else is there not to like?
I thought we had a magic code 1 on Friday.....LOL LOL. Oh well. Here is to tomorrow. This is a great sleeper of a stock, ticks so many boxes im befuddled (Love that word) how we are at this market cap. Strong Mets, some bullish sentiment and we will do 100% on opening.
Interestingly Zinc, Copper and Lead are consumed the most by China. The Chinese dominate the use of these metals, far above any other country. China has issues with its Smelting Capacity due to pollution etc.
So imagine a Mine that has all these metals, a smelting facility close by and a Port also within half a days drive ready to export the metals. Shipping time to China 45 days.
Yep its EUZ and Toral. I would not be surprised if a Chinese buyer was waiting in the wings.
If I was considering investing, I would do so now, prior to the METS. Think the MEts will be our defining moment.
This share is so misunderstood by the market its incredible. This is going to come good, just a question of when and just a question of how many bags we can achieve.
Think we are going to be held back by the 1.5 Million Loan that was taken. If I recall correctly (need to re read the RNS) it can be converted and so far only a small amount has been converted. This said 1 Million will be released on the next drill....would be good if the company "could" repay this. Then i think we will be away.
We always bounce off the 25......This really needs to get back through 30 and push back towards 40 again. This is where we were briefly on the last RNS. Bumper METS (if thats even possible) would be great now. Im certainly not in to sell at 40....this has a long a way to go easily a 4 to 5 bagger from where we are.
Would you like to see the contract notes? Your educated and articulate counter argument of "Yawn" is very enlightening.
Girdz I was a shareholder in BIDS and still believe the story. I sold out during the uncertainty around the revenue targets...far from the peak but a little ahead from where I bought.
I Have learnt the hardway that its best to sell out rather than try to fight the sentiment in a stock and better to return on another day. I posted a while ago somewhere, maybe here, maybe on Twitter that the company is going to find it very hard to RNS every sales result due to competition. And this is where we find the stock now, crying out for news. So the only Twat seems to be you, cracks me up how some people just want positive news. If you think I am wrong then explain to me how I am wrong.
Wow thats some huge delayed sells going through. I can see this going sub 10p.
Well I thought after the JORC that it would be weeks away....then the second RNS about community activities.....so maybe LR had a plan to do multiple RNS to bolster the price. I actually had in my head that the Mets were due with the JORC........and was surprised when they were not. So maybe, just maybe............ I invested quite big (for me) and now slightly underwater, so would like to get back into positive territory asap.
Great RNS followed by the podcast. I dont think we should overlook todays news. To get a mining permit and also to be able to sell the mine you need the local community on board. I have to say I was positively surprised by this news today as it seems EUZ are now cracking on at pace. Also, you need to consider why "fluff" around with community activities unless you are serious to sell. A buyer needs JORC, Mets, calm community and a mine license. We almost have 3 out of 4 of these. Mets I predict will be this month....cant see them coming in December with Xmas and all that. On the Mets I think this this will go into overdrive. Shenanigans kept the price down in the JORC RNS....today we finised blue and I think next week will be a good one and we will head back to filling the gap to 40. On mets I see us testing 70 again. Re Laurence he was very down in the JORC in Podcast...that said Justin Waite had given him a hard time before as Laurence had been in the hot seat when the shareprice had fallen a lot. But i also think he knew someone had a load of stock to off load that day. But today he was very positive and energised. All in all....we are good i think.