Member Info for Shedulike

Ha! smoked him out! :)

10BT I don't know anything for certain obviously but just by watching peers I've always felt 100M market cap is not unreasonable. That suggests 0.5 is conservative but as I often say I'm no expert, guess what I've never flogged a Pb-Ag-Zn resource before! Oil has looked in recently but I think he's sitting back due to all the nonsense on here.

Ha ha, they'll probably rename the town as well 'Laurence de los Vados'. I've had suspicions about the comms going down to a minimum for a while, takes minutes to get some stuff up on social media and everyone shows op's, we've had "visible sulphide mineralisation" RNS'd so nothing wrong with some pics of the cores etc. Probably happen today now after I've said that!

Bricks that's a pretty funky theory :) I honestly don't have the faintest but I trust you as a poster so will regard it as a possibility. There is certainly plenty of evidence of deliberately downbeat comms, for now I'm erring on the side of our Exec's being naturally cautious and professionally non-rampy. As you say the SP has absolutely zero to do with the sale price in the case of a frictionless transaction. As I said over Christmas I have been nonplussed by the lack of social media comms with the current campaign. In the summer we had the stills and video of the drill pad, cores, discussions between LR, JM and LP which were brilliant at bringing op's 'alive' to PI's and really seemed to help the SP. If there is anything in your theory it would point to complete sale rather than JV as obviously a partner or take-off arrangement would lead to a building SP. As far as an imminent deal goes who knows but it does seem very quiet, almost lockdown, nb. LR is normally a prolific LinkdIn poster. For balance he could just be busy so I'm guessing :)

GT, it's a historic mining area and unemployment is very bad in Spain, I think youth unemployment went over 50% in the recession but has improved since, though still way over the European average. They'll be abundant apprenticeship opportunities with a big mining operation plus all the administrative jobs, so while local support can't be taken for granted I can't see it being a problem.

Quite Garwool, even TP recognised that we have saleable products and that the mets have confirmed the 'viability of the project' so not to up the target SP was curious to say the least. By the way I don't think it will be long for the second phase testwork as they're focused in on refining just the zinc recoveries.

I haven't had explicit comms on this to be honest but I get the feeling that they might want to complete 025 before making an op's announcement. Again this is guesswork but only on completion will they know where they want to go next. I'm hoping that they might have enough from these holes near the indicated and perhaps we'll play our final cards outside of the inferred zone where it's open east - start cautious then go for it, remember the 'we've only scratched the surface' comment in Oct?

They have announced the timetable Andy, unless it changes I don't see why it has to be RNS'd. I'm not saying they won't as they might bolt it onto a more general announcement.

Understandable DJ it's been a long haul. I only caught the end of the Tooth era so not the longest of LTH's, but if you look at all the works including the admin side such as the change of land use put in during 2018, it's all pointing to coming together this quarter.

10 Laurence's a-leaping......

Interesting as if that's correct they may have finished TOD-025. Started on 4th Dec to mid Dec is about 1.5 weeks. The 7th Jan to 13th another week so that's just a bit longer than 024 took, though I guess some time will be lost to shut down and start up of operations. I'm interested to know if there's going to be a drill outside of the inferred zone after these super safe drills just outside the indicated .

Perhaps completion of TOD-025 is imminent then, didn't 024 only take just over two weeks?

Oh I see Lloydy, maybe they'll tack it on with a more significant announcement. I'm just getting annoyed that they might have a had a month off for Christmas!

Did we get to the bottom of the resumption of drilling? I'm sure someone said LR had emailed that he will announce it, I would favour LinkdIn with some pics. I think that kind of stuff really brings the work programme alive to investors and I don't see why it would need an RNS.

Yep seems reasonable. Just looking back I think the poster who sailed closest to the wind legally with the ridiculous allegations about the mets seems to have been removed. The stuff they leave up for days amazes me though, I have always believed that eventually there will be a court action that establishes that social media platforms are publishers and not just conduits of opinion.

Good of you to say so Prop but I'm not an expert while their analysts are supposed to be. I suppose the good thing is that their highly conservative target is still almost 3x the current SP. I'm wondering if they told EUZ that they wouldn't update until after all phases of the mets, just guessing but that wouldn't have gone down well and leaving it at 0.071 is a belligerent response.

To say that the mets have confirmed the viability of the project and that we have saleable products and not to up the target SP is bizarre. I know it's the base case and I wasn't expecting a huge increase but very odd.

Ha ha no, after getting all classical with my 'pyrrhic victory' I was trying to push my popular culture credentials - I was think of Hot Fuzz (embarrassed now).

I confess I had to check it Newbie! By the way who posted the email in which LR suggested resumption of drilling would RNS'd? Personally I don't think it needs to be but are we meant to accept they've downed tools for the best part of a calendar month?? I just feel things are spookily quiet...... don't want to start one of those 'something's going on threads' but something's going on, there again there's always something going on (guess the film).

I can't take many more of these Pyrrhic victories.