Member Info for Shedulike

Yep Michael we think something is in the bag but it's not simply a case of here's €X. It's likely to be structured and conditional, but anything would help.

Trade they haven't stated that investigating the copper is part of this round of metallurgy so I wouldn't expect it. Maybe the ore sorting could have something to say about it though? It's all going to be very technical and I wonder if it might not excite the market much, I suppose if we can tick off all deleterious elements that would be a clear positive that might have been keeping risk adverse money on the sidelines. Would be ironic if risk adverse investors start to arrive just as those who took the massive risk of investing in an inferred resource with no proof that the products are economic all head for the exit :)

How Elon Musk won that defamation case over calling the cave diver "P*do Guy" I'll never know. Expensive lawyer I suppose, wasn't the defence simply that it's a normal expression in SA though??? Bricks? Think he might have to look somewhere else for his nickel unfortunately.

Even a gambling addict backs a horse they expect to win.

Wrong, I don't regard this as a casino from where I'm sitting, though there is still an element of risk. I was describing the duplicitous mentality of people who continue to invest in something they clearly haven't believed in for months. That makes even less sense than chasing losses, crazier than a pure gamble - why do you do it? Reading your recent posts it seems to be errr... affecting you.

Jed don't expect mine development just yet but the theoretical economics of it should be updated soon. Also I've been in Aim stocks where you get a fancy website with a timeline to the success case - it's bo!!ocks. Each piece of work informs the next and things change. For instance I always thought if they could raise the money they'd ambitiously drill open east and deep, now I suspect they'll continue with this conservative strategy of moving more of the inferred into indicated in the central mining zone. Ambitious drilling could be left to someone who can afford to miss. Just my guess...

I think it would be helpful for all invested here to think how would they feel if they simply had their investment performance, regulated announcements, and comms with the company to inform their sentiment towards EUZ. Take away this bulletin board where sentiment changes with the wind, check back and I said during the recent rise that nothing had changed (pre new JORC) and yet we actually heard 'LR playing a blinder', 'looking like holding above 20p' (ring any bells anyone?). My point is that I think most of the serial doubters would cut and run without this echo chamber, honestly the people expressing continual doubts in the future of EUZ, if they were tracking their investment by buying a copy of the FT every morning they'd be long gone. I wonder if there is something addictive about playing this social media game where you place your money against something you don't believe in - even a casino player has superstition to cling onto.

Hi Brikz - not something I know about, happy to look around later but I have a pressing engagement with a footing caving in and concrete coming on Monday - bloody weather!

I think it will Jed. I don't think the market liked the way deleterious elements were only partially dealt with last time. Good mets and its a giant stride towards being de-risked. I would recommend emailing or speaking to LR. As I said last week amidst all the hubbub LR has never given away anything price sensitive or even hinted at anything in one to one communications, to me at least. But I do find it very helpful in getting a better understanding of the project, details which bring it alive and so on. If you have a significant amount of money at stake I think that's important, at least it is for me. Probably get some childish comments about thinking LR is a mate but I honestly don't care, if you post consistently and honestly its water off a ducks back.

Think someone's had an epiphany.

Thinking about it perhaps he still would be with all those shares.

Jed - I wouldn't agree about solid answers, the work has been great and we have numerous independent reports backing that up, we know what we've got and that should be further reinforced with impending mets, we're just not going to find out about the ultimate destination (JV, sale or other financing) until its signed, that's simply how it is. Let us know how you get on with LR though, by the way perhaps after Bricks' post you should add - 'did CB resign to avoid being an Interested Party in a possible future transaction?'. Good luck with that :)

Jedster - just got in and reviewing the days posts, scrolling back yours is the first that actually attempts to address anything meaningful. Firstly I think the mets are going to pull more work streams together than before so more parties involved, personally I think they're due. Not sure why you're asking about a JORC we've recently commissioned one and its been delivered with superb results. There isn't a mystery metal, we have copper declared but they haven't tackled the economics of it. As for where we're heading LR is on record as saying they plan to develop but if the right offer.... they're not going to show their hand unlike for example EUA who say they're up for sale, PI's love it but a year on and nothing. Point 5 they are simply not going to identify interested parties until someone makes a move that results in an official 'agreement'. More dilution? who knows, I've called that wrong so happy to take some stick for that. Timescales? I'm sure LR would be happy to enlighten you on that in the theoretical case that they find a way to take it forward. Good luck.

Understood.

Evidence of LR ruling out dilution not forthcoming - time for some introspection to find where the bad decisions have been made. Tough isn't it.

Spot on Paramount, I have gone from bitterly disappointed to very disappointed. A slight upgrade in sentiment following the placing but pretty consistent I'd say - thanks for pointing that out. Any evidence of LR ruling out dilution yet.....?

Has anyone produced evidence of LR saying there will be no more dilution yet?

Love it Bobby are you starting to crack? Can you explain why when you knew that there was going to be a placing you were gushingly keeping us up to date on your top ups post consolidation. You knew you were going to be diluted right? Lemmings spring to mind. I called it wrong but at least my actions were consistent with my analysis.

Well done CHRI5P it probably takes a newcomer without the emotional baggage of repeated EUZ investment mistakes to see the situation clearly. I was initially bitterly disappointed that we only achieved a tiny premium on the last raise given all the good work in the last year, I can now upgrade that to very disappointed. To be honest we have only blipped over 0.025 old money a couple of times in the last 6 months from memory so it's actually not completely disastrous. As you said we all had the chance to buy below 5p if we had the courage of our research, I did but only tentatively. This won't be popular but how many of us bought during the rise because of the feel good factor but not at 5p when the actual information available to all of us was exactly the same? I think it's emotional investing decisions that are making people hit out with ludicrous conspiracy theories when the answer to their problems lie closer to home. I'm not totally absolving myself from that either.

I think there's over 700 companies on AIM alone to choose from and you have never trusted the management Bobby. Once and for all can you explain why you keep investing in EUZ? If you just say you enjoy the risk of entrusting your hard earned to Exec's you don't believe in I'll begin to understand you better.