Europa Metals Share Discussion Threads

[1redknight] 02/7/2018 10:27

Apparently LR and MC are meeting somebody today. Makes sense to have interest. I have said there is a buyer there. I was at the Manchester gathering. LR seems like he is under pressure. Think they`re waiting on the scope study, before they announce anything. Think the interested partys are waiting for the scope study before they announce anything. But definitely something going on that is making LR hold back information and stutter.

[hedgebetter] 29/6/2018 18:43

It's an unusual thing to say - that the likely partner will be someone with a smelter etc. It makes sense if you want to use your unused smelting capacity in a facility you own - basically vertical integration. But to actually indicate a likelihood hints at some kind of due diligence going on imo. Little wonder they are all in Spain cracking on with it. I wish I knew who was going to be on site....

[andrea152] 29/6/2018 11:06

Good points RK.

LR upbeat and emphasised at a recent Investor Meeting in Manchester that the likely partner for Euz was going to be "someone with a Zn smelter on the Iberian Peninsular". So that leaves Glencore at Asturias and Lundin Mining, South of Lisbon for their Neves-Corvo project.

To my mind Boliden cud also be in the mix, as they have plenty of smelters nearby and run the massive "Tara" mine in Ireland.

IMGO. DYOR. GLA.

[1redknight] 27/6/2018 15:56

Dont think there will be any chance of getting this below the placing price. This and GWMO is by far the best investments you can do on aim. The placing tidal wave of drop in share price has been and gone. This is massively under-valued. Jorc done didn't see the bounce because of the mess JT left. New company, new ticker, new finance, almost a new scoping study. Jorc was better than expected 2 billion in the ground with a 3.5 million market cap. This isnt dropping down to the placing price. With scope coming Q4 people are trickling in to take positions ready for the news that is said to come out shortly. Another thing the Jorc was done for around 60% of the land. These calculations of the Jorc and the scope will be for that only. As many have said after the pod cast. It seems as if there is a buyer already there and they can not announce that until after a scope has been done. LR also mentioned that as they are on the ASX, they can not do a comparison to its peers. However proactive have. Thats where the figures are making sense. That is why there is still massive interest and everyone has this on their watch-list.

[andrea152] 20/6/2018 10:34

Yes, I think you MAY get a chance to top-up below the Placing Price in the 0.005p area, but beyond that, I have a feeling that LR and the team will get this to work.

I have bin to the site twice, and everything is there to make this a decent, profitable, mine.

The "Only" thing we need to know now is exactly how much ZN/Pb/Ag we have, and the COST of getting it out of the ground - and who is to fund that.

I believe that LR, CB, MC & the team have those issues under control.

And no, I don't work for, or get paid by the Company, to say this !

IMHO DYOR. GLA.

[billyboychrisd] 20/6/2018 09:01

Thanks Andrea,Glad to hear they've started the scoping study, they were on vox podcast yesterday for anyone who wants a listen. Seems very good value at this entry point and for me, simply a matter of buy, wait and watch the rise to wherever you want to sell. All the best (and happy sailing)

[jimmywheels] 20/6/2018 08:16

?? happy sailing