Member Info for Shedulike

Scoopy I was only messing about - no need to apologise! I get tired of doing those :) things makes me feel like I'm pretending to be a teenager :) sod it! On timescales, and being serious for a moment I think most LTH's acknowledge that we've learnt a tough lesson about when to enter a mining exploration outfit. To be fair in the FCR days there was potential revenue in iron ore in SA but in the future I won't touch a junior explorer with no income again unless there is proven metallurgy and a significant cash position. It's been a difficult journey but I think it's going to be an enjoyable one from now on.

Yes it normally only takes a couple of weeks to knock a mine together - what are they playing at?

Grades I suppose UK.

Only skimmed it but what a great report, I thought the NPV might have been higher but reduced upfront CAPEX and payback two years earlier than estimated in 2018. They really are emphasising the potential for more exploration and extension of the mine life. With the modest metal prices built into the economics this is now independently validated as a project that anyone with the cash can't lose on PLUS the potential for expansion.

Surely the cost / reward case for investigating our copper is now irrefutable:
https://www.mining.com/copper-price-surges-on-peru-worries-china-futures-launch/
Europe wants commodity security and copper is at the epicentre of countries achieving their carbon emission targets.

Yes Teaye I think we're going to get a new version of the fly through at the very least.

Three 6 trades, 666 - the number of THE BEAST?

Teaye it wasn't a comment but a web page on the browser of whoever took the screenshot of the exploration permit. There has been a fly through on the website for years which I can't find now of course. It looks like that might have been updated for 2020 or maybe someone was looking at the page on a beta version of a new website.

Seems to be a lot of people selling today, I wonder why when everything is pointing towards good news in the near term. I suppose cautious investors could be reducing in case the long awaited report disappoints. Looking forward to finding out what "2020 Europa Fly Through .avi" is though. I reckon they've commissioned a video to help LR promote the company at EMEA. Wish they'd given the website a lick of paint beforehand though :)

Makes sense Bricks doesn't look like we're involved in any of the live sessions. I just feel like some of the comments recently like ".....expects to shortly be able to announce the findings...." are making the point that it's out of their hands.

Feeling I'm risking banishment from the EUA board but don't you mean Herring, a Kipper is only a Kipper after a Herring has been smoked so isn't very slippery. What's that plank for?

I suppose his event could be on Thursday or Friday for all we know - has anyone asked him?
Looking at the EMEA website it isn't clear what EUZ are actually doing other than 'participating'.

Three on Aquis Teaye - all sells. I wonder if LR will still participate in the EMEA conference if Bara don't come up with the goods in time? 82 days they've been at it and should they be released the morning of the conference might it look a little too, erm.... convenient?

I could CHRI5P but I'm starting to sound like a broken record, still it hasn't stopped me before :) Have you voted against the options?

Grappa - you are of course entitled to your opinion but I honestly don't understand your strategy. Why leave all your capital in a high risk stock if you see such little potential gain? You could make better margins by looking for an established FTSE 250 bounce back stock with massively less risk.

I have voted against - pleased with the works but more options is completely crass until we get some sustained shareholder value. I have also suggested to LR in the past that shareholders deserve some evidence of what Dr Kirby brings to the party before voting on his remuneration, and honestly how much time does Dan spend on EUZ? Seems like a nice guy from the last meeting but he rarely answers my emails and if you look at his Linkedin he acts for lots of companies and has other Directorships.

Mokgone - I am surprised at that, I would try politely asking for a call back, you might be surprised. On the JV I believe you are in a much stronger position to negotiate once you have a PFS, same goes for a sale. I'm certainly not happy about everything but I don't think the SP is down to the interviews. Sorry in a bit of a rush - will drop in later.

Mokgone I assume you have put these points directly to LR as he's not going to reply to you on here? It is your right as a shareholder after all. Could you let us know what he has to say please, if you are happy to share. If he doesn't reply you have the perfect opportunity on the 30th at the virtual AGM. Look forward to seeing how he responds, looks like there's going to be a lot of frustrated shareholders holding him to account which is good.

Just noticed on the image of the exploration permit the browsers tabs bar has a web page titled '2020 Europa Fly Through.avi', hopefully some funky presentation material coming soon.

Gam it's background information on the licence, we acquired it from Lundin in 2016 (as FCR then) https://markets.ft.com/data/announce/full?dockey=1323-12975752-441A1J4QTSDB74H7MF9DA66AKH