Member Info for SwearinNige

Going on the history of drills we may even get the results of the 1st drill before new year although I would like to think early January latest. Rapid progress being made.

The bit that caught my eye, and made me read the whole RNS again, twice.

The metallurgical testwork is progressing well and once completed, and the results analysed, we shall use the findings to begin optimising what we believe to be a low capex project with potentially highly attractive operating margins and a significant silver component.

Make of it what you want but I read it and thought why would you mention silver unless it was a game changer.

Buy 1134 sell 1220 at a loss. Strange people

DVH, Previous AGMs have been held in Perth so this is the 1st AGM held in the UK. That said if you do go along with a couple of others on here please do post your thoughts here.

BRICKS don't waste any more time with that clown. He is probably the same clown who thought JSE was Japanese. Us LTHs who have been here a very long time know the sketch.
GLA

I have been called worse Verbs!! LOL. I think the NPV could be a lot higher, possibly as much as $300m. Oiltap is probably our guy to help out here with valuations, which have so many varients.

Bricks,I agree with you on a sale but LR did say they are moving towards PFS. My average now is at 0.00068, and a buy out I would expect to realise about 0.6p upwards, so 20x fold from here. That said Bricks he has also many times spoken of "Open to offers". Note my 0.6p is assuming $120m NPV, although I now believe that figure needs adjusting, due to now moving metals from infered to indicated, and the increased resource. So minimum of 20 fold from todays SP. Would be a great Xmas if it was to come very soon!!

All this for £5m. Who is kidding who?

· An Indicated resource of approximately 2.7Mt @ 8.9% Zn Equivalent (including Pb credits) and 32g/t Ag

· 12% increase in total resources tonnes to approximately 18Mt (at 7.4% Zn equivalent with Pb credits and 24 g/t Ag)

· 30% increase in contained tonnes of zinc to approximately 830,000

· 12% increase in contained tonnes of lead to approximately 570,000

· 8% increase in contained ounces of silver to approximately 14 million ounces

Before the new JORC the NPV was $110m. The RNS states METS Q4, but I think that will be with us very shortly, certainly before the AGM. Whilst this company needs a major re-rate, I also think that they will have to raise more funds mid 2020, maybe not as there are so many warrants, so that is holding the price back. The METS, I hope will see the price go North, but by how much we will have to wait and see. A buy out would see us all make lots of cash, but listening to LR recently we have raised the cash to do more drilling at depth, along strike, and further drilling within the core area.

The cash raised will not be the last raise IMO, and that is what I believe is holding this back. Any talk of interested parties and this will rocket. (Slingshot). The burning question is, "How long will we have to wait and how much further dilution are we going to have to endure?"

Most LTH's here are still deep under water and I can not see that changing any time soon.

cheers verbs

Same here bricks. Well done.

I believe there is a large seller in the back ground. watch out for a late reported sell

Update 0.04 latest open price

Will keep an eye on the price for pre opening. I3e another holding of mine is 45p on open form a close of 27p yesterday. Nothing showing yet for EUZ, as I say will report back when the MMs sort them selves out

I see another clown as entered the arena. New soon will do me. Early Q4 stated so anytime around now Jippy and aliases

10bT, late November, early Dec

FFS, Many private investors on here have more than 166m. Chill out it's £40K not £40m. Value the asset not the warrants and I think you will see why these institutions are taking their options.

This copied from MATD.
Never TOO late to but at 3p
With 821 bopd, this should be nearer to 30p?
So you now value MATD at £200m? Whilst you say that BLOE was overvalued at £50m mcap with £12m cash and oil production.!! Bizzare to say the least.

Ht74, my opinion too

Sorry BricksSA, i must have been typing as you were

Syntax, Nominee accounts like jarvis HL etc make up a large amount