Europa Metals Share Discussion Threads

[lookingforhelp] 22/3/2023 08:40

View hasn't changed at all. Is an interesting story from a shell perspective. Essentially. the company has sold its asset, which is good thing given the potential issues of permitting a mine in Spain (especially one close to a river).

[z1co] 22/3/2023 07:41

lookingforhelp

You definitely need a lot of help ???

This is your last post:

LookingForHelp 12 Feb '23 - 18:48 - 118 of 155
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Definitely interesting story this one. Even from a shell perspective...a top effort to get existing holders to put money in at a premium with last placement.

+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

Unlike you the location of Toral has not changed since 12/02/2023.

[lookingforhelp] 21/3/2023 19:23

Hmmm...is the location ideal ? There's a few juniors been waiting for permits for a very long time in Spain. Also, how are they proposing to deal with the river ?Just wait for the Oro No protest group to start.

[z1co] 20/3/2023 15:49

Toral is one of the largest undeveloped zinc and lead resources in Europe, and has a higher grade than its peers. In addition, the deposit has the advantage of its locationin a context of a society under democratic standards endowed with all kinds of infrastructures (roads, railways, energy supply). The location in León is also an advantage, with an administration and legislation with a long tradition in extractive projects that favor the obtaining of mining permits and that supplies materials to large industrial complexes, including one of the largest zinc smelters in the world in San Juan de Snows.

[z1co] 20/3/2023 15:46

Spec7 is still hurting having lost over £60,000 by buying the shares at very high prices in excess of 50p many years ago.

The bitter loser is still posting on the other thread.

With no news since the farm-in and the general markets in turmoil the price has drifted slightly.A lot of shares have fallen over the last month or so.

I'm very relaxed holding the shares.Lets see where the price is when they announce that they have submitted their Mining License Application.

[z1co] 14/3/2023 12:45

Last year the company announced it's Interim Results on 30/03/2022.

Not long to go for some further news regarding Toral;

Last major update was given on their full year results on 01/11/2022.

In summary, the Europa Metals team has continued to advance Toral on a technical/engineering level and move the project environmentally and socially towards a Mining Licence Application (MLA) in a cost-effective manner. Over the coming period, the Board will continue with its endeavours to establish a clear pathway forward for Toral as we continue to believe in the clear potential for the profitable future development of Toral in a stable and secure first world jurisdiction. In this regard, we were pleased to recently announce a letter of intent in respect of a proposed US$6m farm-in arrangement with Denarius Metals Corp. (TSXV: DSLV; OTCQB: DNRSF) ("Denarius"), involving a two stage option and joint venture, pursuant to which it will be afforded the right to acquire up to an 80% ownership interest in Toral.

[spec7] 13/3/2023 07:57

hows this doing then ?

[z1co] 09/3/2023 12:45

An even bigger question is how much money have you lost by buying so high ???.

There has been no update regarding Toral after the farm-in at the end of November.

We should get some news regarding Toral when the company issues it's Interim Results towards the end of this month.

They will complete and submit their SUBSTANTIAL Mining License Application for Toral by 31/07/2023.

This is a major event and the share price could very easily multi bag on the rns.

The market cap at 3.45p is only £2.8m and Toral is worth well in excess of this.

Makes the shares considerably undervalued.

[mininginvestor] 09/3/2023 12:23

Question: what does this co do apart from blow money on board fees and issue free securities to directors ?Company needs to acquire new projects asap Toral deal with TSX co = No upside to shareholdersThe value to shareholders is clear (Mr market has spoken)Share price going no where soon

[z1co] 07/3/2023 19:30

Denarius Metals showcasing Toral:

A look at Denarius Metals at #pdac2023. Come visit us at booth 2107 to learn more about our projects! #PDAC #miningindustry

[z1co] 07/3/2023 10:08

How do you come about the 4.25p entry price???

The Denarius deal values the company between 8 to 9p , clearly you need to understand the facts before you post on the forum.

At the moment the company still owns 49% of EMI , when Denarius exercises option 2 then the company will own 20% of EMI which operates Toral.

The company is well funded having raised £580,000 at 4.50p and this will increase when Denarius exercises the 2nd option and Europa will get $2,000,000 cash.

The company is looking in to other projects which could substantially enhance shareholder value.

{{ In addition, we have continued to persue our stated business development strategy and identify promising complimentary opportunities for portfolio expansion. As at the end of the reporting period, the management team had reviewed over 18 projects, with four being discussed and evaluated at Board level, and we intend to continue such activity and to identify, investigate and assess additional opportunities of potential interest. Further updates will be provided as and when appropriate }}.

We should get an update towards the end of this month when the company announces it's Interim Results.

[z1co] 07/3/2023 10:07

mininginvestor

Your posts are always very bearish and bitter suggesting you are not a holder but some one who has lost a lot of money by buying the shares at a very high price.

mininginvestor 14 Dec '22 - 14:26 - 51 of 146(premium)
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Z1Co maybe works for the company the Denarius deal has been valued by the market and the value is the share price 3.25p
No upside to shareholders
The value to shareholders is clear
Maybe £1.6m (possibly not certain) IF they ex option and if they spend 4m they need to raise the money and maybe there is value in minority % in the project
Any money made will go to fees not shareholders
Share price going no where soon


mininginvestor 11 Jan '23 - 09:26 - 94 of 146(premium)
0 0 1
EUZ in the dog house still has no support (apart from one bloke)
Great returns for investors (not) down some 90% (see 2 year chart)
Down 40% plus in 2022
Going no where fast buddy

[mininginvestor] 07/3/2023 09:38

Hey there what's the latest ? Europa still below denarius entry price 4.25p this company needs a move on ! Lets be honest all talk about things happening it needs a project its a SHELL!!

[z1co] 03/3/2023 15:04

A lot activity at Denarius Metals , share price is currently up 15%.

[z1co] 26/2/2023 14:30

Worth listening to Myles Campion on the 1st Proactive video:

07/10/2022:



Myles Campion is saying by October 2023 the company will have completed the Pre-Feasibility Study ( PFS ) on the Toral project.

He is also saying that with this funding they will also acquire the adjacent mine and the surrounding area.

Denarius Metals will do another Pre-Feasibility Study on Toral , the adjacent mine and the whole surrounding area as part of the 2nd option to own 80%.

Europa Metals will have a 20% stake not just in Toral but the adjacent mine as well as the surrounding area.

They will definitely have completed and submitted the Mining License Application by 31/07/2023 and also complete the preliminary economic assessment ("43-101 PEA") compliant with National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") on the Toral Project.

We will get more info from the company regarding the Pre-feasibility Study but they are in a very strong position and also have the funds to get it done this year.

Lots to look forward to for the foreseeable future.

[z1co] 26/2/2023 09:42

Resource update 01/10/2021:

A total resource of approximately 17Mt @ 6.9% Zn Equivalent (including Pb credits), 4.1% Zn, 2.9% Pb and 24 g/t Ag, including:

720,000 tonnes of zinc, 510,000 tonnes of lead and 14 million ounces of silver.


Resource update 30/11/2022:

A total Mineral Resource of approximately 20Mt @ 6.8% Zn Equivalent (including Pb credits), 4.4% Zn, 2.8% Pb and 23 g/t Ag, containing:

890,000 tonnes of zinc, 560,000 tonnes of lead and 15 million ounces of silver.

A significant increase in Zinc over the period but this is not being reflected in the share price.A massive rerating of the shares is likely to happen very soon.

[z1co] 25/2/2023 12:36

Another worry free reason of holding the shares now is that the company having raised £580,000 at a price of 4.5p in November will NOT be doing any more placings.They are fully funded and Denarius Metals will be spending it's money to develop Toral further.

Denarius Metals will also pay Europa metals $2,000,000 as part of the deal.

The company only issued 12,888,888 new shares at the last placing being 13.87% of the company's enlarged issued share capital and at a 60% PREMIUM to closing price.

One of biggest reasons of how investors lose money on these small cap miners is that the companies constantly need funding and mostly at discounted prices.

They dilute your holdings and share price always falls to at or below the placing price

That will not happen to shareholders holding the shares in EUZ.

A big sigh of relief and hugely positive for the rerating of these shares.

[z1co] 25/2/2023 11:36

Snapshot:

Europa Metals reports higher indicated resources and grade for its flagship Toral lead-zinc-silver project.

Europa Metals Ltd’s proposed deal with Denarius highlights the potential for a significant value uplift at Toral.

The deal values the company between 8 to 9p.

Europa Metals has 'real prospect' of becoming a producing miner, says broker.

Toral is one of Europe’s most under-appreciated lead-zinc deposits, suggests WHI.

WHI has a current fair value price of 11.70p.

[z1co] 25/2/2023 09:23

Updated mineral resource estimate from ProactiveInvestors:





Europa Metals has announced an updated mineral resource estimate for its Toral lead/zinc/silver project in Castilla y Leon, Spain.

The new estimate, which is reported at a 4% Zinc equivalent cut-off grade follows the 2022 drilling campaign, reports a JORC (2012) compliant indicated resource of 7.0mt at an average grade of 5.0% zinc, 3.7% lead and 29g/t silver (reported as 8.1% on a zinc equivalent basis) plus an additional inferred resource of 13mt at a grade of 4.1% zinc, 2.3% lead and 19g/t silver (6.0% ZnEq).

The estimate, prepared independently by Addison Mining Services, is based on a total of 61,545m of drilling and represents “a 19% increase to the Indicated Mineral resource and a 14% increase in grade” compared to the previous, October 2021, estimate.

Europa Metals says that the new estimate represents an increase of 39% in the contained zinc content at Toral (to 349,000t) compared to the earlier estimate with the lead content 33% higher (at 260,000t) and the silver content 27% above the previous figure at 6.6moz.

Chairman and Acting CEO, Myles Campion, said that the new mineral resource estimate “will enable the project team to now utilise a substantial tonnage of independently reported Indicated Mineral Resources in the mine plan for the upcoming mining licence application scheduled to be delivered by 31 July 2023 to the Junta of Castilla y León”.

The company comments that although the 4% ZnEq cut-off “is to be taken forward as the base case for resource reporting” resources above a 3.5% ZnEq cut-off “are considered to have a reasonable prospect of eventual economic extraction”.

At this lower cut-off, indicated resources are increased by around 3% to 7.2mt with ZnEq grades around 1% lower at 8.0% with inferred resources around 15% higher at 15mt at a 5% lower ZnEq grade of 5.7%.

Although the overall impact on both tonnage and grade of the lower cut-off is relatively minor, we suspect that it may simplify mine planning and provide some flexibility in stope design.

Conclusion: The new mineral resources estimate builds on the recent results from the resource expansion drilling at Toral and provides a basis for the preparation of the mining licence application.

[z1co] 25/2/2023 09:21

clock

Have you bought the shares back again because you clearly sold yours for a loss before the GM back in December and your posts became very bearish.

I don't remember posting on the forum saying i bought at 3.70p.I have posted on here saying i have bought plenty sub 3.0p.

I'm also not worried at all about my profits at the moment.

A lot of investment has already been made in Toral over many years and with this farm-in Denarius Metals will be spending it's money developing Toral further.The company will NOT need to raise further money or dilute shareholders.

Sometimes buying is all about timing and getting lucky.I will try to hold these for the long term.

Toral is one of the largest undeveloped Zinc Lead and Silver mines in Europe and yet it's only valued at £2.8m ,that's far too cheap.

When they issue the rns regarding the Mining License Application these shares will spike like they did in 2021

Buying the shares after the farm-in is no-brainer.

For their 51% interest (option 1) in EMI :

Denarius Metals would have already transferred $100,000 to EMI and further $550,000 in periodic payments.

Invest $4,000,000 in Toral over 3 years

Spend at least $1,000,000 in development of Toral in the first year.

Expenditures to include the completion and submission of a mining licence application in respect of Toral to the local Junta by 31 July 2023.

completion of a preliminary economic assessment ("43-101 PEA") compliant with National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") on the Toral Project.

Option 2 to own 80% of EMI

Denarius Metals

To complete the pre-feasibility study (the "PFS") NI 43-101 compliant on the Toral Project at its own cost and a payment of US$2,000,000 cash to Europa Metals.

The farm-in with Denarius Metals is a win win for the company and hopefully for the shareholder as well providing they hold the shares.

The shares are likely to MULTI bag in 2023.

[clocktower] 24/2/2023 14:23

I'll keep you company here Z as it looks your alone almost alone on this thread, and just sit tight and hope your correct but I guess you have a decent amount invested here as I think I remember you said you were buying some at 3.70p at one time, but I guess your either at breakeven or just in profit now.

Good Luck.

[z1co] 24/2/2023 13:44

Investment and development of Toral has been on going for many many years and share holders in EUZ will hopefully start to benefit from 2023 onwards.

The share price should be substantially higher than today's by the end of July.

[clocktower] 24/2/2023 13:26

Well done Z - Good to see it turning out what could be a start performed. :-)

Acorns turning to oak trees, takes time.

[z1co] 24/2/2023 13:22

From the above more than 5m in excess of 20% ZN is significant achievement by the team.

Much more to come in 2023:




"Toral's latest resource upgrade is a great achievement for the Europa Metals' team. We have now delineated 7Mt of Indicated resources at a much improved overall grade (approximately 14% increase) following the recently reported success of holes TOD-041 and TOD-042. This will enable the project team to now utilise a substantial tonnage of independently reported Indicated Mineral Resources in the mine plan for the upcoming mining licence application scheduled to be delivered by 31 July 2023 to the Junta of Castilla y León".