Member Info for Shedulike

I think it's been a bit of a head scratcher as to why EUZ raised only for components of the PFS leaving us short of the line on that milestone but as I was laying concrete blocks at the weekend I was wondering if that's where the Junta's EU money comes in. I think a number of us have established that any grant is not going to be a lump of money the could disappear into the ether but will be structured and conditional, they will want to see something of benefit for the region out of it. Maybe the deal, if it ever materialises will turn out to be on the basis that we had to demonstrate the solvency to move it forward in return for assistance in getting us to PFS stage when we'll be better placed to find partners. Seems the most likely outcome as it would be the best use of their money to advance a project for the prosperity of the region.

Sounds complicated Brikz but hope it's a good outcome, beers on you on the face of it :)

Think that's about the investigation permit for exploration rather than a mining licence.

Okay that makes sense, I read it that he had sold and used the proceeds to buy them back into his ISA. Of course as you say if he has the free cash already in his ISA you wouldn't be limited to the 20K per year allowance. Handy!

I don't understand this, isn't the annual S&S's ISA allowance 20K? This is saying he's put nearly 150K's worth in his ISA. I have taken wine am I missing something?

Yes I've had a few of those with EUZ Chip :) you might be thinking of the 'change in land use for future mine development' which I suppose was a precursor to applying for the mine licence but is now obsolete due to streamlining the permitting process.

Nov this year lor_9 so I guess (assuming a rig is available) that we don't need the extension for the next round of drilling.

I wouldn't worry about the mining licence for now Syntax, we still have to complete the pre-feasibility work, so more hydro, tailings management, environmental and social impact and so on. Not sure on this but I would also expect you would need to have settled on a definitive mine design before applying for a licence. In any case we're looking to do more exploration and waiting for an investigation permit extension.

10BT I thinks there's certain to be news during the month, drill mobilisation and strategy for example is perhaps the most likely example. Then the unknowns - exploration licence, that's a certainty as they love us so much right? :) Maybe EU funding? That would be great as we could put Laurence's wages back up. Whether it moves the SP in the right direction is another matter.

So we finally know that the ore sorting was carried out by Tomra crunching the ore and Bara crunching the numbers. Still bugs me why it was such a big secret. Anyway it's going to have a massive impact on the SS with all the efficiencies it affects plus bringing in more of the resource into play, plus possible lower Capex. All fab, just going to be another waiting game I'm afraid.

Okay let's look at the popular narrative we hear about DB 'dumping' or 'bailing', they sold a tranche after the 0.015 raise going from 14.47 to 9.92%. Remember they are wealth protectors for their clients and so de-risking is not an unusual strategy. Yes it would be great if they hadn't sold a bean but reducing was pragmatic.

Bricks again another violation of the non- speculation regulations, next thing some poor soul might invest mesmerised by your speculation, reported!!

Hi Jed - well my EUZ shares are in profit also but it took some heart in the mouth averaging down, as I've said before I called it wrong on the kick in the nuts placing so not sugar coating that but it seems many apparent LTH's are hell bent on running this into the ground for some reason. To all the twisters who bend with the wind - "Oh what a tangled web we weave when first we practice to deceive" (W Scott), ring any bells?

Hi Newbie - guess you're buzzing over at EUA. I have a little bit of that but really don't know what to make of it - for sale for a year and yet the enthusiasm on that board is seemingly unstoppable!

Mokgone - please stop speculating, didn't you know speculation has been banned? Nobody who has placed their capital in jeopardy by speculating that an AIM stock will hopefully increase in value but with the risk of a loss is permitted to make speculative comments. Just not the done thing around here anymore :)

Jed through the course of my day job I know that attendance (in my part of the world anyway) for Tenet has been very disappointing. Not saying you've made a bad investment with Cineworld for one minute but may be a long haul, I think that sector is going to face serious challenges for the foreseeable. I've never understood this thing about not mentioning other stocks on unrelated boards by the way, I find it quite interesting. Silver going nuts again, our time will come.

Bobby I really don't understand why you persist in framing posts that disagree with your opinion as 'attacks' or 'shouting down', why does an opposing opinion make you feel like that? When you disagree with me I don't feel crushed, it's called debate and for the record I have acknowledged that you cautioned on a placing when I didn't expect one. However before you claim too much credit you also informed this board twice after consolidation about top ups that showed a good profit before you too were hit by the placing so you couldn't have been expecting one unless you are crazy. Also LR never stated publicly or privately that there wouldn't be another placing so try and find a post by me saying otherwise. I'm not attacking you flower or shouting you down but your stated investing activity doesn't seem to align with your retrospective opinion on the companies activities. You honestly shouldn't gush about being delighted with your top ups one minute and then post placing claim you knew one was coming, doesn't add up. Like I said I was also wrong about the placing.

Trade, we do have experience of building mines in the team, but we will need finance obviously.

Oh heck - just catching up and I think we need a group hug. Bobby I think you underestimate Bricks and his contacts in SA. As for the question of speculation on bulletin boards I stand by what I said earlier to mfm but it's almost philosophical territory. As ever my best to all backing this enterprise.

Just surprised a bulletin board is for you if you’re constantly irritated by speciation