Member Info for Quant

Spiked up from negative to UP 6.1% in auction, strong close, all sells were mopped up. Big Buyer with FOMO? GLA

Yes very interesting, works out to a tidy £350,529. GLA

Ndn71 is obv just a minion 'tool' of the shorters and MM's (same thing) on '10p piece work'. The arrangement is purely on a 'need to know basis' with 'plausible deniability' built in being 'hands off' and all that. The constant drivel pushes good posts down and creates uncertainty in cretins. All imho. This post of mine will most likely get deleted within 10 mins by the 'stasi'. Call the cops!
Might have to stretch for the filter button in this case, would be a first for me!

Getting back up in the US currently 2.38. Like an old drunken bar brawler after seeing off his tormentor.

There is heavy hidden 'delayed' buying pulling her up imo. Games. GLA.

Rockhopper Sealion strike. 37p to £5.50. I was there. Not all in one day. GLA

Roll up roll up ladies and gents for the tiny todger freak show starring the infamous TigerByTheTail, TheMadStork, MrYFronts and special guest the newly qualified NDn71 who is still pulling up his shorts in the dressing room!

This is a show you will surely never forget. GLA!

Dave, lets hope the curtailment of their criminal activities doesn't impact upon the price of our precious PGM's!

Now we can all safely put a new hybrid car on our shopping list . OH, I see an ad for a Jaguar I-Pace and 'Kona electric' whatever that is on my screen lol!

To put this another way, with a potential SP of £4.81 factoring in the mines construction cost, we are at a crazy 97.5% discount at a 12p SP. This does seem ludicrous to me. Makes you think!

OK, Mine sale $402.5 million minus $79 cost of building mine = $323.5 million. In GBP = £236 million left.

£236 million divided by 49 million EUZ shares in issue = an SP of £4.81 !

Not too shabby imo. This compares to a current SP of 12p. That a bit too low and we have not factored in any growth in resource or LOM potential into this. As I said earlier, only the central ridge has been assessed, not the flanks all around it.

grappa 'How do you get to £5.97?'

Simply divide what the SASA mine was sold for - £293 million - by our 49 million shares. The result is an SP of £5.97.

As shedulike says, the mine was a little further along than ours but the potential is there and work being done to get to DFS stage. I believe Toral will, in time, also become a larger resource which would naturally impact positively on these figures. They have only assessed the central ridge so far, not the flanks all around it.

So, at the current 12p whats not to like with this potential?

I see the Stocktwits site has been down all day. Probs not helping the US!

Yes dnd indeed its hot. I wouldn't rule out NFT and DeFi potential in the market either at the mo.

I am holding ARB and CLP for crypto mining, this one is interesting for a hold and see what transpires. GL.

Blockchain Comms/Fintech RTO coming soon for GCG?

The comparable SASA Lead/Zinc/Silver mine in Macedonia (820k tonnes pa production vs our 700k tonnes pa) was sold for $402 million / £293 million equivalent in 2017.
https://www.jonesday.com/en/practices/experience/2017/11/central-asia-metals-acquires-lynx-resources-limited-for-4025-million

Our SP based on 49 million shares currently in issue would be £5.97. Why EUZ shares are still available at 12p is very odd imo. This does not incorporate further resource upgrades.

Joint Ventures (likely here imo) and fundraises are part of a growing explorers lifecycle and will add value so not to be feared imo. EUZ is however currently fully funded for some time to come.

The market will catch up here soon enough. GLA

LSE is taking your shares -slightly cheaper - to sell later on US OTC market at a higher price. This is how the MM's make money.

Just watch, you will see.

Looks to me that MM's are getting desperate today, false spread showing with a few pretend 'sells' at 26.4 well below real spread!

Looking to add a few more today if this carries on.

GLA.

Undocking procedure complete. Ahead one quarter impulse MR Sulu.
Power up the warp core, on my command Warp Factor one.
Mr Chekov, Ignore the moon, plot a course to Mars and the asteroid belt, we are going to mine Bitcoins! GLA.

ELKO know that they have got this imo. Nearly there now. GLA

Important what you say there Iceman888. The only thing we all need to do as holders is to hold on Monday. HODL for GODL.

This is still in its early stages. It will explode, over time, to become a monster imo.

I was in ARB fairly early, rode the wave up. The recipe here is the same. I will not even think of selling this side of 30p. All the Gordon Geckos out there can do as they please imo, more fool them if they sell at this early stage.

We've already been told by our famous poster here D2C2, 30p SP soon. Eminently feasible imo if things pan out as hoped. We currenly have just a 20 million market cap.

ARB/RIOT/MARA etc market caps are into the billions. We just need the official stamp of approval first.

Monday it will be held back - as far as possible - for the 'big boys' to buy in so don't sell yours cheap.