Member Info for Torreaguas

Anyone know what the target depth is and when completion is expected?

It started on the 8th so they have been drilling for 16 days now.

mms mugging a few again i see. why oh why do people fall for it.

Hopef ully we will get a 'successful drill' rns for drill 3. This would help the sp up, then a decent result from drill 2 tests.

This will be helping the sp too :

Turner Pope Investments : EUZ - 12 July 2019

TPI is pleased to provide its latest research note on Europa Metals Plc (EUZ.L). Europa Metals is an exploration and development company focused on its wholly owned Toral Pb-Zn project in NW Spain. The company is currently drilling Toral’s high-grade core with the aim of collecting a bulk sample for metallurgical testwork as well as increasing confidence in the current JORC (2012) compliant inferred mineral resource estimate of 16Mt grading 3.9% Zn, 3.1% Pb and 24g/t Ag. Currently trading on an in-situ resource multiple (US$/t) of just 1.5x, the stock is significantly undervalued compared with our peer group multiple of 24.8x. As such, we value Europa at 0.095p per share which is a simple average between our DCF derived (0.13p per share) and our peer based (0.06p per share) relative in-situ valuation. Our blended valuation offers significant upside to the current share price.

0.095 ! that is a 5.5x times the current sp.

no fall back at end of day which is good. I hope the news of drill 3 completion is not far off now, this with the test results from drill 2 could help a lot in task to get back to a realistic sp.

Anyone know if the statement on the company website is correct . i.e : "Percentage holding of 20 largest shareholders 86.80%" from here http://www.europametals.com/site/investor-information/capital-structure

If so it should move very quickly back up on goon news.

Hi can you explain why it is a good sign, and also why you have to pay 4x more? i dont understand. Thanks.

I have bought quite a lot today.

All I see is a very bitter ex shareholder, nothing more. You need to move on. Or buy some at this low price and make your money back.

Don’t be sensible, you will get berated on here!

Nonsense : you have simply made up the 2 years bit. People like you really are annoying. You just pluck stuff from mid air to suit your agenda.

Fact from RNS : "At this stage the Directors are confident that reconnection at commercial rates is possible within the GBP2.5 million budget and advised timescale of completing work between May and August 2020. "

10 to 12 months.

do you consider news articles on the PROVEN gas field ramping?

The company has changed, they have a new project, PROVEN, not exploration, pure production with a further 10 year life span (minimum) and potential for much more. That is not ramping, it is fact. They guy who ran the field for WINGAS has joined ANGUS, he knows everything about the field.

Some people really neeed to learn to leave the past behind and look forward. It is not new investors fault that the previous management ballsed it up. I am looking at the company from now, with its potential and new bod. And it looks pretty good! Certainly IMO the market cap at present is still suffering because of the history but soon the new management will turn the sentiment around and the sp will get back to a realistic level.

I don't think anyone can honestly say with the new assett that the current market cap is realistic.

apologies for the spelling errors, I really should check before posting as can't edit on here?

do you consider news articles on the PROVEN gas field ramping?
The company has changed, they have a new project, PROVEN, not exploration, pure production with a further 10 year life span (minimum) and potential for much more. That is not ramping, it is fact. They guy who ran the field for WINGAS has joined ANGUS, he knows everything about the field.

Some peole really neeed to learn to leave the past behind and look forward. It is not new investors fault that the previous management ballsed it up. I am looking at the company from now, with its potential and new bod. And it looks pretty good! Certainly IMO the market cap at present is still suffering because of the history but soon the new management will turn the sentiment around and the sp will get back to a realistic level.

I dont thing anyone can honestly say with the new assett that the current larket cap is realistic.

https://expronews.com/2019/06/20/ukcs-angus-energy-plc-holds-majority-in-saltfleetby-gas-field/

Another interesting article from the 19th July. I really dont think people have caught on to what Angus have got here.

http://www.egdon-resources.com/media/news/

https://www.wingas.com/fileadmin/WINGAS_Storage_UK_Ltd/06_Media_Library/WINGAS_Saltfleetby_Gas_en.pdf

Interesting to read and written by Mike Wells, Angus New Man.

The 2.5m was paid in recognition that the abandonment cost would cost more for the current holder as they have higher costs. Angus can use the money for abandonment or to reconnect and produce, it is their choice. They prefer to reconnect and make some money which is great for Angus but is not enough to bother for the current holder. Watch the interview. This is a great deal for Angus.

Could he be selling his shares? there must be a big sell order being filled.

well i topped up again today, still under water (av 1.74) but holding 1.5mill now. Will take more next week if price holds.

This company certainly know how to destroy shareholder value in quick time !

£3m raised at 4.25p in April placing - £500k (8m shares) issued at 5.61p for Lidsay in April.

Ten, BANG 3rd May announce Brockham is not commercial. Down to under 2p! lol..

I bought in at 1.75p average as I think it will get back to 4p area soon but there must be plenty of pi**ed off investors at the moment !

Looks like most of the selling is done, now can we break up over 2p?