Member Info for Shedulike

Could also be the fact that the 12m intersection from 023 is not in the current JORC resource. That means the Turner Pope's conservative 0.095 per share is already out of date. I have been trying to find out how the investigation hole will prove up the extensions to that and am not really on top of it to be honest but it's clear they are very confident about the mineralisation they can already see. LR frequently emphasises the relevance of the 'postcode' of the 023 discovery (near to other high-grade mineralisation) and I assume that is important to the economics of a possible mine. It's all pointing to a hand-over of a cracking asset to a big player in the near term. Yes I'm invested and probably sounding 'rampy' but I really can't find anything not to like except the risk of global economic headwinds mothballing the project.

Haha more likely that Tuesday will see PIGs fly! Seriously though we have consolidated well around the 10p mark and look good to push on. Some juicy figures from the third party processing would help.

Should have added I'm not an expert and obviously not giving advice. GLA

For what it's worth if things go well I believe the entire asset will be sold to a big player. There would be no more EUZ, in that eventuality you won't receive a conventional dividend but a settlement for your share of the company. I believe this is more tax advantageous should your shares not be held in an ISA, if they are you're sorted either way. Given the volatility it's a tough time to bed & ISA, it could either go spectacularly well or spectacularly badly!

You should see the blackfly on my runner beans - MM's playing games again.

On Halifax last trade 0.677 buy at 12:58, something up here again.

and diamonds for sure. Has this site stopped reporting trades?

Amazing I have never seen a sustained rise like this, just has to be some knowledge behind it. While I completely get the mkt cap / resource dislocate I do think there is more to this rally than the market currently knows from official channels.

Well it is the stated aim of the Exec Dir to dispose of this asset so I'd be surprised if he wasn't speaking to (hopefully) interested parties. I don't reckon Deutsche Balaton are here for what would be a tortuous journey to become a producer, that's a job for a big boy. I was hoping for something from the investigation hole today to give support to the rise so I would expect to see some profit-taking at some stage today, if you believe in the asset don't panic!

To be fair BackWMan I'm probably a mid-term rather than a LTH having been here for just over two years. Interesting though, I looked up JT to see what he was up to and found a 2017 interview with him saying Jul 2017 drilling results were as good as it gets. Just shows that from that success over two years ago what it takes in time and money to get where we are today. People getting in now at what I strongly believe is the end of the journey should be absolutely laughing.

278 posts today and counting. Long term sufferers will remember when it might have been a couple of posts on the old FCR board one complaining about Justin Tooth and the other... well probably also complaining about Justin Tooth.

I've never seen a rise like this. The profit-taking just seems to get swamped by new money again and again. As I'm now in the unusual position of being in profit the dilemma of top-slicing is upon me. I'm not giving out advice as I've paid for not being cautious enough in the past but you just have to look at the Mkt Cap v the resource which still hasn't balanced out. Add to that the fact that the next JORC is likely to widen the gap again I'm not letting any go.

Think I'm talking to myself but it will be interesting to see if they close it completely in response to this. Apart from the rating upgrade some of the Fitch comments are extremely positive.

I think Polygon have reduced their short as well. Not showing on Shorttracker but on the FCA lists it is showing as 1.87%, down from 2.36%. I'm not great on this stuff so check it out yourselves!

Strangely I invested in FRR and FCR (EUZ) on the same day about two years ago. I could have got out of both with a quick profit but believed the ultimate prize was too great to ignore. Until recently that looked like a very bad decision but EUZ is rising like a phoenix, could FRR follow suit?

It's probably the first sign of madness feeling positive about FRR but the website changes must be significant. I know it doesn't prove anything but just intuitively what possible reason would there be to set about tidying up your public profile if any of the doomsday scenarios were just around the corner? Just wouldn't make sense but then I can't think of much that has made sense in the last year, oddly with the exception of delisting!

Not that anyone seemed particularly interested in my 15:27 post (sobs) but I have been put straight and have assumed the Dunce's hat. Apparently the metallurgical sample will still go Wardell Armstrong as indicated in the 023 RNS but the core for JORC update goes to the Seville lab as suggested in the video. So no anomaly.

Enjoyed watching that again Bricks though it did throw up a question for me. In the RNS they said core samples were being sent to Wardell Armstrong in Truro but on the video they refer to ALS labs in Seville. I wonder if samples go to both so results are corroborated or have they switched to an in-country lab for another reason..... speed, or at the request of an interested party. Just fun speculation.

Matrix I did try and work this out from past RNS's but couldn't get a definitive timescale. Asked EUZ and they didn't really answer perhaps not wanting to be over-promise when we're in the hands of a third party laboratory.

I was a bit more cautious than that to be fair Oiltap :) ('a leak of some kind'). I've just always believed that on any drilling operation there will be a fair number of people who know significantly more than the market generally. Nothing untoward just inevitable.