Member Info for Shedulike

Interesting I'm getting 'About the Company Deal' on Translate but in Google Search "? ?????? ????????" brings up a Wiki page on 'Mergers & Acquisitions'.

Agreed CHRI5P we also don't know what CB is up to with his holding now that he has left due to artistic differences :) We regularly see this move in either direction on next to no volume so I do think 666,666 being dripped in would hurt us. One point I hadn't thought of is shouldn't we have been told when they sold? This from the RNS when they bought: "Energy Minerals is an associate of Mr Campion and the size of its participation in the Fundraising, including the issue of the Energy Minerals Warrants, is also considered to be a related party transaction pursuant to Rule 13 of the AIM Rules for Companies". Am I right in thinking that as Energy Minerals is dissolved they must have liquidated their EUZ stock and because of the above rule it should have been RNS'd?

I was pondering why the SP has been so disappointing since the excellent metallurgy and I'm wondering if it might have something to do with MC's investment company Energy Minerals which volunteered to be struck off the register earlier this year, the process being completed this October. Whats this got to do with us? Well in March 19 Energy Minerals took 333,333,333 shares or 2.78 per cent of EUZ in the 0.015 placing, I make that 666,666 shares after consolidation. I can only speculate as to exactly when the Directors of Energy Minerals chose to sell the EUZ shares after their decision to wind up the company but it would be likely that they would have targeted a period when they would have anticipated some SP strength. Not suggesting that MC has done anything wrong as their assets I assume would have to have been liquidated for a distribution to each Director, they were solvent when they opted for the voluntary strike off. Just guesswork but if they were selling in the run up to final dissolution that's a lot of stock into the market.

McGurk the government have already been exposed for rewarding their cronies with contracts to inferior private testing and ppi suppliers. Nothing seems to constitute a scandal these days, each one negates the last, simply, it's the Trump modus operandi. Depressing.

Yes a crystal ball eh Steve? Didn't you ask me for any tips a few months ago and I mentioned POG and NCYT but didn't tip them as I thought they had run too far. Well POG has gone into reverse in circumstances proving everything that the 'Russian discount' warns about and NCYT looks like anything could be possible (though illogically a vaccine will change sentiment in a heartbeat). Strangely despite the frustration here I still believe EUZ to have the most potential to deliver multiples of our daft mcap.

Ha ha Steve I wouldn't advise you what to do. I think we just need some unequivocally good news to pull the board together a bit. It's not a bad conversation generally, but I won't engage with posters who offer zero analysis and post only insults. While I rarely agree with Bobby he definitely doesn't fall into that category. Interesting to see Silver outperforming Gold for a couple of days, this has been predicted for some time as Silver has the double attraction of a precious metal safe haven and an increasingly important technology metal. Perhaps we could all cling on to that in a collective group hug until the reworked economics land? Onwards and upwards (hopefully)!

Fair play Brix - I've never understood posters who think there is a dichotomy between investing and trading. It's just a matter of where you are on the scale - as with all things in life :) Good to hear that you believe LR is going to deliver then Bobby. Your second analogy does explain your position better to be fair. I think you get challenged because your posts are so laced with negativity that it just seems incredulous that you are invested. Oh and one last thing I have never questioned your right to express an opinion but I will challenge it if I don't agree, that is not the same thing as 'shouting you down' as you once put it.

That's a touch rich Bobby, I think you must have the worst case of emotional attachment to Europa Metals. You seem to despise the company but just can't seem to let go. Your football club analogy makes the point, people support football clubs that are never going to have any success out of sentimentality, family tradition etc. If you don't like the manager at your football club you just put up with it through thick and thin out of loyalty. With an investment if you don't rate the most important person at the helm then surely you must believe that your investment is not in safe hands, honestly your position has been perplexing for some time to say the least. In the nicest possible way I think people are just wondering why you're still here.

Quite Bricks - I'm expecting a big rise in the NPV but I have to be honest and admit I'm uncertain how they will calculate it exactly. Logically though when you consider what we didn't have when it was last calculated - no indicated, no metallurgy, hydrology or geotechnical work it has to rocket surely. I assume they will also input the findings of the ore sorting which makes more of the resource viable and cuts potential operating costs?

I think we'll all have something to smile about soon. If the EMEA conference is 18-20 Nov so we should have the new Bara economics by then as we have discussed before.
- What is your rationale for taking part 121 Mining Investment?
- Update audiences with new economics and find pathways forward for a high grade Zn, Pb, Ag project in the EU.
Let's hope it's the start of a steady improvement in the SP, we don't want to do a BZT.

Have you finally aligned your holding with your opinion of the company and reduced to 0 Bobby?

Haven't got much time to look into this but is this in addition to the share incentives that were agreed following the salary reductions? If so I'm completely against it until we see stable shareholder value not occasional spikes. Also I don't doubt that Dr Kirby's experience in metallurgy and designing mines is valuable but I have asked LR in the past that shareholders need to have tangible evidence of this before they can possibly make a decision on his remuneration. Also I have no idea how much time Dan devotes to EUZ, on his Linkedin we are just one of a plethora of companies he has duties with.

Although I suspect Purchase is just enjoying causing vexation on the board I think it would be better to accept that he is at times raising some fair questions that won't be put to bed until a successful conclusion is reached. Until then we're all in the dark and it's fertile ground for a 'Devil's Advocate' character. It can't all be talk of certain riches and Pirate stories (much as I enjoy them).

Haha hopefully Michael, at least it will be another chance for unhappy holders to express their dissatisfaction directly to the board without leaving the comfort of their own home. They were all mysteriously otherwise engaged at the virtual GM.

Just the AGM, it has to take place. I remember last year there was a level of excitement that it was being held at the offices of Joelson the corporate lawyers and then nobody turned up.

Indeed Milnrow the public engagement website has no objections posted https://www.proyectotoral.com/2019/11/01/europa-metals-proyecto-toral-pagina-web/#comments
The last comment was from Brikz!
Can you imagine if that was here? Although I have much sympathy with environmentalists we'd have rare snails, ancient byways, endangered newts and Swampy living down the bore hole.

Probably not on it's own trade unless getting the green light on the exploration license is a prerequisite of additional grants - "Europa Metals is pursuing a number of grant initiatives" (from the last RNS).

Hi CJ - good to see you back on the board. I think the renewed exploration licence is a formality, I wouldn't have said that before the local government grant. We're working in tandem with local interests I believe, something you hear trotted out all the time routinely from all listed companies but we now have firm evidence. I'm confident but still plenty of risk here.

AIM SP's do tend to wither on no news particularly when sentiment is already low so I'm not too disheartened about our SP this week. I am surprised though that more people don't see this as a good chance to get in below the institutions prior to a rich period of news flow which should be imminent. I dropped in a quote from MC the other day which kind of proves what was slowly becoming apparent - that until the Bara economics are delivered we won't know the complete strategy: "to inform an updated set of economic parameters and provide a roadmap into our next phase of work". Should be full steam ahead once they land, maybe if EUA are resolved by then there could be a lot of PI cash sloshing around.

Jedster have to disagree - 12 trades? You missed the three sells on NEX :) Probably the wrong day to assess our prospects with the markets in turmoil. Personally I don't see 50p as the least bit unrealistic in the near term, we have excellent grades, the perfect location and upside exploration potential on the licence. Unlike many AIM mining juniors we're not in the middle of nowhere with unstable regimes, I just don't think that's priced in yet. Management here get a lot of stick on this board but I like the style of not ramping the stock while delivering the information that tells anyone that can be arsed to evaluate it for themselves that this is going to be monumental.