Europa Metals Share Discussion Threads

[blackss] 01/12/2020 21:22

Whats going on here Spec ? Are there no posters ? Is there another thread ?

[tutthetrader] 01/12/2020 16:09

Topped up 21k not showing 9.47 why are they holding back?

[spec7] 29/11/2020 12:31

So here we are again, another year passed, the AGM is Monday. The share price is dormant. It bears no reflection of the progress made or even the £2m they banked a couple of months ago with a placing and it stuck at Mkt cap about £4.5m
When when when will management admit they have made a complete pigs ear of this ? They can certainly run a drill and proving up operation but they have no idea how to manage a business. so much so its now embarrassing to watch.
This will still make a few bob for them and the last in first out PI's but its been an absolute kick in the teeth for those that have tried to finance and see this through. so much so that even if they sold this for £100m tomorrow a vast majority of investors over the years would still be out of pocket.
So sad and so unnecessary

[spec7] 19/11/2020 10:37

The problem ?
EUZ has a cash burn of about £150k a month. It raised £2m in Aug, its prob £600k in to that £2m and has now started a new drill prog !!
It has a small grant from the EU, prob a couple of months running costs but the bottom line is unless they have a magic money tree any investor knows he is likely to get another 50% dilution at any time from next Spring and that basically means the company will just take half his money.
3 Years ago this was running at £1.50 equivariant, today its 11p...that speaks volumes. You can prove up the metrology and make plans to mine but if a punter cant see when he might get his money back and risks dilution why he waits why would he bother.
Not a deramp, its Bourne out by the share price but until people start to look for the problem here they will never be able to fix it.

[macc1] 18/11/2020 08:28

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[spec7] 14/11/2020 16:04

EUZ is being ramped to death on the LSE BB. The damage this does is dramatic as everyday they forecast ground breaking news, people buy in and then nothing happens.
They sell and then get called weak holders. Its been a cycle for years. Great for traders but hugely damaging for serious investors.

[spec7] 12/11/2020 11:39

The question is how are they going to regain the trust of the PI's ? They talk about taking this to mine ? well what about the £100m that is going to need ? They need to start answering the questions to get the PI's on board.

[hazelst] 12/11/2020 11:15

More to come.The Company expects to shortly be able to announce the findings of Bara Consulting's independent report containing 'updated economics for the Toral Project and an outline of the key parameters for a Pre-Feasibility Study ("PFS "), certain elements of which are already underway

[hazelst] 12/11/2020 11:08

Excellent news!

[spec7] 10/11/2020 14:12

Great to see the markets bounce back today with the talk of a vaccine and Biden

All except this pile of poo that is :-)

[tutthetrader] 26/10/2020 13:00

22% up in S.A GLA.

[parsons4] 22/10/2020 17:46

Very frustrating, but any serious buyers are going to have to increase their bid!!

[tutthetrader] 22/10/2020 10:19

10.80 to sell this is going up up. GLA

[parsons4] 19/10/2020 08:51

This is going to resume the uptrend soon !!! IMHO of course

[tutthetrader] 19/10/2020 08:35

Mms will have to let this go. GLA

[rapidlyprogressing] 14/10/2020 09:08

Haha down she goes

[the manini] 13/10/2020 14:09

Yep there's ya 9p. Probably be 7p tomorrow. Why don't you come back when you've got a clue son

[parsons4] 13/10/2020 09:35

It looks like they are all buys showing as sells !!