Member Info for Shedulike

We don't need childish contributions like that Harrison thanks. MBT I wouldn't go that quite that far, 'oversubscribed', and well over 100% above the last placing reflects progress but yes I'm very disappointed. Everything was pointing towards EUZ having 'everything they need' to move this project on. LR saying he wants stability in the SP - well a placing at 28% is a funny way of going about that. I have to eat some humble pie to the de-rampers who picked up on the hints that more drilling would be required after the assay results, I just firmly believed that someone else would be doing it. DB manoeuvers have proved the PI is trying to invest in this market with not one but two hands tied behind their back, I've got to be careful here but the institution is clearly managing their funds with privileged information over the PI - sickening. Finally, if it was oversubscribed then the placing price could surely have been slightly higher so more incompetence - idiots!

Haven't looked in here much - so depressing! Just on trust, one of issues that stood out from me from the 'Confessions of BLOE' RNS was the concrete failure. Apologies if it has already been discussed but have regular contributors established if this was the first time it came to light? I bet the institutions brought in on the book build must be as furious as us PI's. How heads haven't rolled is beyond me. Still oddly confident here but not putting more in.

I certainly hadn't appreciated how interactive the JORC process would be. That AMS gave us four days to present the case is pretty interesting IMO, and possibly two weeks shaved off the wait for results. Thought it would have created more interest but I am an early riser. Right feast of rugby awaits!

More encouragement from LR's Linkedln. They had a four day workshop with AMS last week which could save two weeks on JORC results. When we're suffering the pain of a falling SP and the bulletin board game playing which seems to be in full swing now, it's a tonic to see real work in the real world to make this a marketable asset.

I don't think CB or MC see this as a toss of a coin. They wouldn't be sentimental about pulling their money out either.

Keep trying :)

Anyone know what happened to the Tamesis research update? They published a note after the results saying it would be completed after the Capital Markets Day presentation but it hasn't changed.

Just email TP Newbie - they got back to me really quickly with the schedule for the evening but they omitted to say where the event is being held. I won't be able to go unfortunately.

I think that's really unfair MM the campaign has been completed successfully and we're hopefully moving to indicated soon. LR's tone at the presentation will be interesting as I suspect he knows how the AMS work will go it just has to be conducted independently. He does have an unusual delivery when being interviewed or presenting and this market is so used to rampy CEO's promising the world that I guess it's interpreted as negative.

Fair enough but I still see it as de-risking, they must have some pretty significant clients and their job is to protect their wealth, the opportunity to de-risk their investment was too good to ignore. Of course I wish I'd seen it coming, but it didn't particularly alarm me, problem is everyone is worried about what the herd are going to do and guess what happens? Make no mistake if they thought there was no future in this project they'd be gone.

I've said before that it's likely something was said about 023 media (showing off the visual mineralisation before official testing etc). We didn't get anything like that after 023D even though as BH Capital said it was the highlight of the campaign. It is however possible to be positive without being rampy and we could do with a bit more enthusiasm to relight sentiment I believe. T Pope have us at a very cautious 0.095p and that's before the assays for goodness sake. I also think the DB de-risk dampened the many positives in the results, the announcement couldn't have come at a worse time.

.... Turner Pope research 12th Jul has us at 0.095p, that's only going to go up after the assays. Will the new research note be published before the Monday evening event, I'd have thought so.

He's certainly reigned it in hugely since post 023. I initially assumed it might be the hand of the Nomad on his shoulder but if you were a long-term interested party with the muscle to take this to production wouldn't you want LR to keep it downbeat? Personally I strongly believe that after JORC and mets EUZ exit stage left.

MM I don't know to be honest but the shadow of DB reducing hung over this RNS and I suspect the slight disappointment that mineralisation in the 023 intersection was lower than expected caused a little panic. If sentiment hadn't been dampened by DB then the unexpected bonuses from 023D would probably have overcome that negative. Just one more observation I see in MBT's reply from LR "What Toral could sell to customers looking for a new source of European lead, zinc and silver". Semantics maybe, but not "We" or "EUZ", but "Toral" they are definitely conducting the exploration with a view to providing Toral as a de-risked asset for a big gun, no way will EUZ attempt the fraught step to producer.

If it was possible to sell that quantity in one hit then yes and even if it was I don't believe they could have possibly achieved 0.448 for a lump like that, worked buy is my bet though it doesn't really matter.

I don't think it's possible to say as it must have been worked across the day. You can't just get 134M in one go at 12-30 surely.

Yes, very prudently they haven't used that phrase in the campaign at all even after 023 when they were bubbling with enthusiasm in online comms (for which I think they may have had their knuckles rapped). Very deadpan and professional, it's hilarious that some on here would be buzzing if the numbers that they don't understand weren't as good but they simply had a "Delighted to announce" in the standfirst.

3Stripes that will be done independently by AMS - Max it will be more like four weeks for JORC

Main positive on a quick scan seems to be the "additional mineralisation discovered in the hanging wall" which "is of significant width" this material from 023D was not originally intended for assay so a bonus. Also the copper which might relate to that found in the shallow drilling so perhaps a seam? Main disappointment appears to be the grade discovered in 023. Bottom line is the fundamental purpose of the campaign - that is "Inferred resources to be upgraded to the Indicated resource category" is on track.

Well Herts it sounds like we have a similar average and you haven't suffered the years of pain that I have - so you're ahead already :) The fact is we're undervalued on current resource but the understandable blight of AIM scepticism is weighing heavily. If the assays demonstrate that the prize is increasing we'll be off again.