Date | Subject | Author | Discuss |
---|
12/7/2023 11:32:16 | Europa Metals has 'real prospect' of becoming a producing miner, says broker
Published: 13:18 07 Feb 2023
"Toral is one of Europe’s most under-appreciated lead-zinc deposits"
Europa Metals has made real progress at Toral in Spain since a PEA in 2020 and is significantly undervalued compared to its peers, according to house broker WH Ireland.
Toral is one of Europe’s most under-appreciated lead-zinc deposits, suggests WHI, with a real prospect of becoming a mine.
“The successful demonstration of ore-sorting introduces potentially huge economic upside and optionality in mine configuration,” the broker adds.
Ore sorting might facilitate smaller volumes of higher-grade ore being fed into a smaller recovery circuit than considered in the PEA.
Alternatively, there is scope to maintain the scale of the processing plant and expand mine operations to recover lower-grade mineralisation.
In addition, the farm-out agreement with Denarius reduces Europa’s interest in Toral and provides for funds to take it through a definitive study with shareholders retaining a meaningful 20% stake in any upside,
Fair value is estimated at 11.7p/sh by WHI, compared to 3.05p at the last close. |  z1co | |
12/7/2023 11:26:19 | Europa Metals sees confirmation of Toral grades in latest assay Published: 07:31 19 May 2023
Europa Metals Ltd (AIM:EUZ, JSE:EUZ) said the first assay from the latest drill programme at Toral in Spain matched earlier results with a thick intersection in the initial hole.
Results from the hole, TOD-043, included a section of 8.7 metres (m) at an average grade of 11% zinc equivalent (lead and silver) within which was 3.1m at 20.3%.
In a statement, Europa said that this latest programme is part of the option agreement signed with Denarius Metals last November and comprises 11 holes of in-fill drilling within an established indicated resource area of 7.1Mt at 8.1% zinc equivalent.
Myles Campion, executive chairman, noted: "The first drill hole of our infill and confirmatory campaign has illustrated the robust nature of Toral and the current indicated resource.
“Hole TOD-043 has displayed a thick, well-mineralised intersection in keeping with the existing holes in the area." |  z1co | |
12/7/2023 11:04:26 | Offer price increasing with every buy 2.74p paid for 43,000 in the morning it was 2.67p |  z1co | |
12/7/2023 10:43:26 | The deal for Toral with Denarius Metals valued the company at more than 8p/share.
The price at 2.6p significantly undervalues the company.
We will get news regarding the MLA which is scheduled to be submitted by 31 July 2023 to the Junta of Castilla y Léon.
Also the last drilling news was nearly 2 months ago so we should hear something from the company regarding their drilling campaign very soon. |  z1co | |
12/7/2023 10:23:52 | Youneedhelp
Gone BLUE i wonder why ???
The share price will start to rise again as we move closer towards the end of the month. |  z1co | |
12/7/2023 07:27:40 | Lookingforhelp
Like your name you definitely need help.
Were you having another sleepless night and started to deramp EUZ ,LND , GRL , AYN wow i'm really impressed with your negativity.
Toral is being aggressively developed by Denarius Metals. Massive news due towards the end of this month.
I'm invested in this for the long term.
May i suggest you be a good little boy ... and run along. |  z1co | |
12/7/2023 00:29:59 | ZICO, all I can say is that I love your posivity...however, you have called this stock soooooo badly...move on. |  lookingforhelp | |
05/7/2023 08:26:06 | Mining License Application ( MLA ) to be submitted by 31/07/2023 , no doubt we will get some positive news this month:
On the back of the latest drill campaign results, the Company commissioned an updated independent mineral resource estimate in accordance with JORC (2012) from Addison Mining Services Limited, which yielded a 19% increase in the Indicated mineral resource and a 14% increase in grade. This positive result will enable our project team to utilise a substantial tonnage of independently reported Indicated resources in the mine plan for the forthcoming mining licence application ("MLA") scheduled to be submitted by 31 July 2023 to the Junta of Castilla y Léon. |  z1co | |
25/6/2023 11:35:46 | It takes many years of work and many rounds of funding in order for a small/junior company to get to the stage where it is about to summit it's Mining License Application ( MLA ).
The company over the years has carried out a lot work in developing Toral including:
Geotechnical , metallurgical , hydrological , environmental and are currently completing their MLA which they will submit by 31st July.
Myles Campion also said that it will be a substantial MLA.
The revised total resource to November 2022 was approximately 20Mt at 6.8% zinc equivalent (including lead credits), containing 890,000t of zinc, 560,000t of lead and 15mln oz of silver.
The recent drilling campaign that started in April is likely to increase the resource even further. |  z1co | |
24/6/2023 16:19:30 | a j b
Keep updating your last post,that's all you can do now |  z1co | |
24/6/2023 15:29:40 | Re-posting due to a troll that's clogging my thread :
On 18/11/2020 they announced their Independent Preliminary Economic Study that's nearly 3 years ago.Since then Toral has developed significantly and is still being developed.
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
"Today's economic report proposes a significantly expanded potential mining operation at the Toral lead, zinc and silver project with a 700k tonnes per annum production rate over a 12-year mine life, within a highly robust operating regime, with a projected 49% operating margin. With a mining grade of 7.6% zinc equivalent and as a potential high margin operator, Toral has the scope to generate over US$470m EBITDA from US$963m of revenue over the life of mine from upfront capex of US$79m and estimated payback in year 4. |  z1co | |
24/6/2023 15:29:03 | aye, nothing much to see here
move along please
sadly no real analyst coverage ,it being often the case with certain AIM shares
Europa Metals
Tell us why people should buy boyo
instead of continualily avoiding the question which appears to be his forte
sarky obviously he loves you not
does he ever give a straight answer or forever awards nothingness |  adrian j boris | |
24/6/2023 15:23:18 | sarkasm 24 Jun '23 - 13:55 - 231 of 232 0 0 0 Upcoming events on Europa Metals Ltd
02/10/2023 Q4 2023 Earnings Release (Projected)
time will tell
==============================================================================
You're post above tells me that you obviously don't know much about the company and also how naive you really are.
Now that you've had your rant kindly run along to your friends on the FROG thread |  z1co | |
24/6/2023 14:03:56 | Z1CO 24 Jun '23 - 13:48 - 230 of 231 0 0 0 It's actually you who is trolling me by posting on my thread.hrj9
see you edited this thread
at least you are less foulmouthed was it boss or family that advised
go easy on the liar bit
all shows us on your immaturity boyo
AIM IS NOT FOR ALL I MUST ADMIT |  sarkasm | |
24/6/2023 13:55:23 | Upcoming events on Europa Metals Ltd
02/10/2023 Q4 2023 Earnings Release (Projected)
time will tell
as usual no helpful response Z1CO from you and as manynow think you do not hold truly but try to get others to buy |  sarkasm | |
24/6/2023 13:48:50 | It's actually you who is trolling me by posting on my thread.hrj9 |  z1co | |
24/6/2023 13:45:23 | Thicko look at my other holding QED.
This will rebound massively in July. |  z1co | |
24/6/2023 13:43:09 | facts pal might give more sway to your argument
but as usual nothing
Why not admit that you are a paid pusher of shares
One wonders whether your bosses think you are worth paying you
Surprised too you trolled my posts
strange but interesting young man |  sarkasm | |
24/6/2023 13:39:59 | It seems to me that you're also quite THICK headed.
I said do your own research. |  z1co | |
24/6/2023 13:38:38 | Just like QED this will also rise significantly higher on the right news from this over sold position. |  z1co | |
24/6/2023 13:38:22 | SHOULD HAVE READ FILTER THE BOY
Now answer the question
tell us whats coming soon that might perk the share price up sooner rather than later |  sarkasm | |
24/6/2023 13:36:47 | Hey LIAR i do NOT need to tell you anything. Do your own research.
Be a good little boy and go back to your FROG thread. |  z1co | |