Member Info for SwearinNige

JT closes 12.30 today

Lloydyboy, Many thanks for the input. I have a similar amount invested and sat on a huge paper loss, but my average is 0.062

BricksSA, Maybe you could attend the next meeting in Southampton LOL, only a 12 hour flight. I am stuck on hold or buy, purely because of the cash held by EUZ. Fully funded for the current works is great but when these works are completed we will need to move forward but in order to do so, cash may well be required by further dilution but at what cost? That is the sensible side of my brain when invested heavily here too, like many others and sat on a big paper loss. The other side of my brain tells me too be more contrarian and buy when panicking investors are selling to fund Xmas, chase another rainbow etc.

I won't be able to buy anymore this year but if the price remains down here, I may add a few £k in the new year.

Working yesterday so only just had the chance to listen to the latest interview.

Fully funded for this phase of works, however a lot of money required to do a Pre Feasability study.

Trying to get the market to understand the potential and the SP rise.

One thing I think they should do is to RNS a statement, "The data room is open by application and to date XX amount of interested parties wishing to mine Toral have applied". Surely news like that tells the market, we are for sale, and the SP reacts accordingly.

If a low ball offer comes in now I seriously think the BODs should look carefully at it as any future works will require a lot more cash/dilution so in effect we could be working for nothing, ie a sale at double the money a year later but double the amount of shares in issue.

My view is that by April 2020 there will be very little cash left in the tin, so a placing becomes inevitable, but at what price to shareholders. A sale JV etc is the only way forward for EUZ IMO.

Good luck to everyone here and have a good Xmas but I truly believe we need to sell this asset ASAP because the future doesn't look that bright at as we stand at the moment.

MSC, It wasn't working at all first thing this morning.

Number 4 now on the risers board so we may get a few more having a closer look at what we have here. On a half decent volume today so far just look at the increase, 11.7% as ROT points out. Larger volume and this will re-rate accordingly. Still well under the radar IMO with so much news imminent. I still dont understand why LR doesn't release the AGM presentation though until after the METS. I suppose time will tell the story.

Off to work for a few days shortly in London, so good luck all, and I will just be reading on my phone.

Agree Cjen, but if we need to raise further capital it would be a lot less dilution if the price was higher. I hope we don't need another placing as with the warrants being exercised it will provide the company with cash flow.
ATB

Once the METS are RNSd, I would like to see LR povide us with the presentation from the unattended AGM, but much more importantly why not produce another RNS updating shareholders that the company have entered into x number of NDAs with parties interested in the Toral project, which is 100% owned by Goldcrest, which is 100% owned by EUZ. Any such sale will be under Australian rules etc as the company is registered in Perth.

I truly believe that news like that will take us closer to a £60m Mcap not a paltry £ 5M. Only when an offer is on the table the brave will be rewarded much more as true value is realised within 10 mins of the RNS being released.

I do however see the bigger picture as we are currently drilling still but this must surely be at the request of interested parties who I believe are pulling the strings here right now. Look back through the RNSs, they speak for themselves, mining license, change of use of land, community engagements, spanish language web site, hydro, geo, the list goes on.

But one worry is that we burn through this latest pile of cash and finish up with further dilution raised at very low prices.

2x top ups today for me. 1 in sipp, 1 in isa. Averaged up in doing so, as I am so convinced Monday for news. Happy birthday to me.

AURA have there mets out today. Vanadium project. Will have to take a look at what the market tinks of them. The company is also listed on ASX and is only 11% up. I know we can't compare companies but worth a look IMO.

https://www.investegate.co.uk/aura-energy-limited--aura-/rns/metallurgical-results-for-haggan-vanadium-project/201911290700020581V/

No Cjen, In sheffield at this time working, and it being at 10AM would have meant going down to London yesterday. If I had been working at Heathrow I would have gone.

Half that and I will be extremely happy....

What could a good deal get us? IMM today up 130% on a decent deal. I believe here we will see much more when news arrives. In the mean time sit on your hands.

Well its kick off time.... All should be revealed in a wee while

Gizzard, you must be close to a TR1!!!

Volume is poor at the moment. A few larger buys and we should see the sp advance a bit more

No it is a late reported trade of 100m

Buy

My thoughts too Shed, but I am just trying to work out whether we are going deeper to see what we have further down in the currently unknowns or whether we are just trying to move more of a percentage from infered to indicated. Copper is also another thought on my mind. Maybe an interested party here is pulling the strings.

Could someone attending please ask what the targeted depth of the first drill is. Any other questions anyone?

Good find BricksSA. I have had GLR on my list for a while but funds have been limited, but planning to buy over the next couple of weeks. CB seems to have a knack of pulling these things off and I sincerly hope he does it here at EUZ