Member Info for Shedulike

Good to see some new contributors PaiNatal. I think we're in a great space now with the EU encouraging internal metal supply. Since CV the conversation about shifting away from Chinese dependence has intensified and getting our own European supply chains in order is paramount for manufacturing security. You have probably timed your entry into this little gem perfectly, for LTH's (and I mean it in the nicest way) try not to be too smug!

UKI I think it would be a bit odd for a public business entity in the region to award us a grant to specifically research data from Toral drilling campaign if there was chance we won't get the exploration licence renewed. I suppose stranger things have happened but I'm not expecting it to be a problem. To be honest I don't really see the award of the licence as a price mover because it is pretty much nailed on. If we were refused it for some reason not yet apparent to us then would certainly move the price :) All good on current evidence.

Thanks CHRI5P news of someone doing brilliantly elsewhere never fails to cheer me up :) Seriously though I see Zinc is back over the pre-Covid level and should have further to run.

Im certain good news is coming PaiNatal, just need to hold the rise better than usual. If the new economics are transformational I think that is a possibility.

Ps. Notice the trend of Silver outperforming Gold is continuing today.

Have you looked on the NEX / Aquis exchange PaiNatal? I think your £1.7k is showing there as 16425 shares? As for it being held back I'm seeing one trade on Aquis today and one on here - both sells..... If we get some positive news (and I'm expecting some) and the buying volume improves I think they'll be grounds for saying its being held back if we don't get through 12p. On current volumes I just don't see any evidence for it. By the way don't take my disagreement as a negative, this board should be all about debate. Lots of people disagree with me and that's fine.

Silver having a bit of a moment (so far) today, perhaps everyone can agree on that?

I'm not trying to censor you at all, please keep posting - such fun! I will however continue to pull you up when your position is clearly duplicitous or I think you're making unneccesarily alarming comments. Anyway moving on - the JV is just one option, but what EUZ would bring is not the cash but the fact that they own the license and have spent heaps in demonstrating that we have a mine here. The cash comes from the other party and the company evolves. We already have experience in Dr Kirby and Jesús but obviously we would recruit further.

Better de-risk then Bobby and maybe you wouldn't be so tetchy, you're obviously a little tense it seems to me. I guess that's what happens when you keep increasing your position in a company you don't believe in but hey nothing needs explaining there :)

I think Bobby is just being a drama queen as usual Bricks :) While I agree with Bobby's point that it is wrong to describe EUZ as 'fully funded' we clearly have some breathing space in the build up to PFS and funding options are opening up (see TP comments not just MC & LR). More grants are also possible. On the npv I'm starting to wonder whether predictions of an incremental rise are actually pessimistic. In 2018 there was little proof that the inferred resource had sufficient scale or grade, and certainly no proof that it would be economic to mine the products. We have also de-risked the hydrology and Geotechnical work has lowered predicted OPEX. Throw in the impact of ore-sorting and might we see an npv which begins to reflect the resource in play here?

To be fair LR does explain it better on his Linkedin. I was just being facetious, any snippets of information or pics to bring the thing to life are greatly appreciated by me.

Judging by the Twitter post "Photos from CURRENT data work" accompanying two archive pictures of historical mines is anyone else concerned that we're actually going backwards on the time space continuum? Come to think of it this could be our best chance of getting our investments back! :)

Hmm from memory I don't think anyone could have got 12p recently, on a couple of buoyant days in October I did some dummy sells peaking at 11.09p. Anyway one things for sure they're certainly not struggling to hold it down today :)

Thanks Michael good spot. The only thing that worries me about Rubiales is that they had Cadmium and we still haven't knocked that on the head yet. Bricks I'm not of the opinion that the market is always 100% clean but I'll only be convinced that we're being artificially held down if we get some decent news and volume but it won't shift. Looking at some of my other AIM stocks one has 350 trades and is down, another has 150 and is up. They are being driven by buying and selling, nothing is happening here. I'm certain when we get some sustained demand for EUZ stock it will fly as it always does.

Bobby on one hand you say that expectations of a rise are unrealistic given "The lack of any decisive news or direction and the general lack of interest from investors", but on the other you think the SP is being held back? Was it seven trades on the LSE yesterday and a volume of about 200,000 - not really the buying pressure to get us through the placing price. Just supposing there was a lot of buying and it was in reality being 'held back' could you explicitly describe the mechanism that would be deployed to affect this?

No probs Chief - we both have our reasons for being confident with EUZ. Interesting to see silver outstripping gold for yet another trading session. Obviously US elections could disrupt the market but let's pray that the lunatic is removed from office.

Mate we normally see eye to eye as EUZ believers but in this recent period of trading in which we can't break the placing price I haven't really seen the buying pressure to test the theory that we're being artificially held below that level. Lets see what happens when news lands, just hope the company make the case to attract sticky investors.

Radika flattered that you ask but I'm really completely unqualified to advise and to be honest my track record on AIM is mixed to say the least. NCYT looks pricey but the cash incomings are absolutely extraordinary, anyone not in already might have an opportunity if there is vaccine news before Christmas. I think the SP will dive unjustifiably on sentiment but testing demand won't change until the threat is eradicated.

Brickz I know it won't please everyone but I think it looks increasingly like they don't want to sell, at least not now. To me it looks as if they're positioning the company to at least get to the PFS level. Forging educational and R&D relationships in the community, presenting at a mining investment conference and so on. I even wonder if JV suitors may be batted away if at all possible, this interested me from the TP reach note when they suggest our optionality might include proceeding "independently through, say, a 60:40 debt:equity-funded development". I remember you saying to me "The money is in the mine", could it be possible that for a bit more patience all our individual pieces of this hill could be worth dramatically more than if given away too soon?

'O cAenke Komnahnn' - that's the nearest I can do as the Russian text generates ??????????? Should help you spot it though.