Europa Metals Share Discussion Threads

[clocktower] 20/12/2022 11:28

It will just take a little patience imo.

[clocktower] 20/12/2022 10:52

Yes, as you say that was all I could pick up at 3p. Still if there are any other sellers around, I might have another nibble if I am around, as one closes down for the holiday.

[z1co] 20/12/2022 10:19

clock did you to buy that 75,000 @ 2.995p?.

That was the maximum on offer,anyway it's pushed the price up by 3.5%.

[spec7] 19/12/2022 16:17

Manini
He thinks it matters who holds what. who is called what, what anyone says ..and he thinks people care what he thinks :-)
You have hit the problem spot on though, the company has been run by a succession of amateurs. My real worry now would be having failed with Moonlight and Toral what chance for the 3rd attempt? they could well get this money from denarius and P it up the wall like the £10m they raised for toral.
If it was down to me i would distribute the money back to share holders and form a shall company to manage the small part of the lease they hold in Ibera. If not then buckle down to another 7-8 years of dilute and raise and consolidate.

[z1co] 19/12/2022 15:29

Still no online quote.

[clocktower] 19/12/2022 12:42

Agreed, if it's still hanging around at 3p and more stock becomes available, I will trying picking up 100k.

Good luck though if it rockets before then but I am not really into the mining field.

[z1co] 19/12/2022 12:38

clock

That's why Stock's like this tend to spike on a really good rns with huge volume.

[clocktower] 19/12/2022 12:34

I just tried buying a small amount online and could not even get a quote for 25k at present, so the buys seem to have taken and floating stock that was there ZICO.

[z1co] 19/12/2022 12:34

Nothing available online ,orders can only be executed by fill/kill.

[z1co] 19/12/2022 12:30

They have just done a raise in November for £580,000 at 4.5p which was a 60% premium to the closing price of 2.8p.

[clocktower] 19/12/2022 12:24

Will they not need a small raise before then ZICO? I have not done the full research and on the face of it, agree with your views on this one but need to know more. Bit of support today is what caught my eye again, as I put it up on my monitor some weeks back when I noticed you started this thread.

[z1co] 19/12/2022 12:16

clock

It fell on Friday due to most of the indices being in RED.It's very illiquid and the shares rise or fall even on small trades.

The answer to your question yes they have got it wrong.Buying shares is all timing,they bought shares far too early.

Spec7 has quoted himself saying he has lost £60,000.
BlackSS has also sold out for a huge loss and so has The Manini.

The latest poster Steve psycho is a fake poster created by Spec7 to give him some credibility,he agrees to his comments.

Unlike the above posters i only started to buy the shares after the Denarius deal.

The company has done a lot of hard work the share price will hopefully rerate in 2023.

As i have already posted above they will present the PFS in October 2023 and complete the Mining License Application by July 2023.

These two milestones are huge and the shares could explode once the rns land.

[clocktower] 19/12/2022 11:52

Is this just sinking due to the time of year ZICO or is it just like FCS there is a lack of interest due to past history?

I glanced at the other thread and it looks like your the only positive poster of recent - have they all got it wrong?

[z1co] 19/12/2022 11:51

Steve psycho was created by Spec7 on 15/12/2022 and is another fake poster to give Spec7 some credibility.

A complete fool if you think people will believe what you post.

Spec7 has lost in the region of £60,000 in this company , he did not have the guts to sell his shares to cut his losses.He eventually sold the shares sub 4p.

Spec7/Steve psycho no one will agree with a idiot who has lost £60,000.

[steve psycho] 19/12/2022 11:37

His post above confirms what you were saying spec7.. he is invested in EUZ waiting for a PFS and EUZ no longer own the asset ;-)
Anyway you were right in that you have met him before. He rides a Deliveroo Scooter most nights for KFC apparently.
If you read the last RNs carefully they no longer seem to be included in 20% of Antonia either as in the "enlarged mining district".

EUZ has sold Toral, its basically now a startup again looking for a project as i see it..

[z1co] 18/12/2022 13:49

More from the above rns:

Commenting today, Myles Campion, Chairman of Europa Metals, said :

" Today's release of the new economic numbers is a culmination of two years' work covering many aspects of the Toral deposit. All necessary programmes needed to move the project towards a PFS have been completed and we now look forward to advancing all these studies to put the Company in the best position to assess all options. "

[z1co] 18/12/2022 10:57

Worth posting again:




Highlights :

-- US$156m NPV at an 8% discount rate
-- 31.3% IRR
-- 17Mt @ 6.7% ZnEq (including Pb credits) resource (JORC 2012) including indicated resource of 3.8Mt @ 8.1% ZnEq (including Pb and Ag credits) - 4% cut off grade

-- Sub-Level Longhole Stoping ("SLOS") mining method selected
-- 700k tonnes per annum operation with a 7.6% ZnEq mined grade:
o SLOS with ramp/raise-bore shaft access;

o 10% dilution;

o 3.5m average mined mineralised widths

-- Processing comprises an ore sorting front-end using X-ray Transmission ("XRT") followed by grinding and flotation

-- Grade/recovery: 3.3% Pb/87%; 4.2% Zn/86%; 26.7g/t Ag/85%
-- US$79m upfront Capex
-- 3-year trailing average metals prices of US$2,668/t for zinc, US$2,099/t for lead and US$16.5/oz for silver

-- US$963m Revenue over Life of Mine ("LOM")
-- US$477m Opex over LOM
-- US$471m EBITDA over LOM
-- 49% Operating Margin (US$63.56/t all-in cost)
-- 12-year LOM scenario

[z1co] 17/12/2022 17:52

Look who was posting comments about PFS back in 2021:

BlackSS5 Aug '21 - 09:45 - 374 of 486
0 2 0
I'm still here spec. bearing in mind that money in the bank earns you zilch, this is getting ever closer to x10. Its been a long hard road but i think this is going to fly on any funding news or the PFS.


Spec78 Sep '21 - 09:22 - 387 of 452
0 0 0
Well all things considered its a good RNS and a step towards the PFS which in my opinion will be what makes the Serious investors take notice.


Both of these idiots were posting positively about PFS when they had the shares.The stupid fools have sold the shares for massive losses and they are now crying foul.


This is the idiots post today:

Spec717 Dec '22 - 13:10 - 494 of 496
0 0 1
Makes me laugh how he seems to be hanging on for the PFS and totally ignores he is not invested in the company that owns Toral now.
anyway.

[spec7] 17/12/2022 13:35

i was looking back at some of my posts in FCR 10 years ago
Its uncanny the way EUZ has followed FCR with its bore holes, drill holes, infrastructure reports, Gov backing, offtake agreement and financial backing for a PFS by PMI
trouble was PMI blew them out with the funds and moonlight was abandoned and given away for nothing.
so here we are again 12 years later out of money, hoping for a backer and having basically sold the asset in the hope of financing another....Anyone see a pattern here

[spec7] 17/12/2022 13:10

Makes me laugh how he seems to be hanging on for the PFS and totally ignores he is not invested in the company that owns Toral now.
anyway
EGM on the 30th, cant imagine that will be packed out the day before new years eve.
DBA hold the casting vote through numbers, it would be impossible to rally the PI's to actually give them a voice.
I suspect DB are now firmly in damage limitation mode trying to rescue their previous investments. what do they say about trying to catch a falling knife ?