Europa Metals Share Discussion Threads

[greatfull dead] 04/10/2018 15:08

Spec no actual date has been given by EUZ. Only a timeframe, that has changed some.

Read the the link you and I posted this morning.

Conclusion:

Europa Metals are pressing ahead at Toral - we await the results of the recent reverse-circulation drilling.

ATB,
GD

[spec7] 04/10/2018 13:39

Its a shame the herd were attracted by the company podcasts and let down by company missed dates. All avoidable and an unnecessary waste of time.
As i say any advantage in leaking dates to the herd via podcasts is more than outweighed by missing those dates as we see now with the share price Its a lesson FCR never learned , lets hope this lot do a little better.

[hedgebetter] 04/10/2018 12:58

The herd will chew on the grass for a bit while longer..

[greatfull dead] 04/10/2018 08:34

hxxp://www.europametals.com/site/PDF/2834_1/InfillDrillingProgrammeCommencedScopingStudyUpdate

ATB,
GD

[edgein] 04/10/2018 08:05

Wow these fellas are steaming ahead now, RC drilling done already and moving to the diamond core drilling for reserve upgrade purposes. Already putting together mine design. Whomever said it looks like EUZ are making their SS look more like a DFS is right. They're looking at the cheapest mine and shaft designs already. Shows clear intent on development. SS when it comes gonna make interesting reading.

Regards,
Ed.

[greatfull dead] 03/10/2018 16:23

Hedge,

I too am very surprised of this additional use of Zinc.

ATB,
GD

[hedgebetter] 03/10/2018 15:55

Great article. Another use for Zinc - additional demand - combine with clean energy creation - plus Zn as a non toxic metal - Zn demand will only increase ..

[greatfull dead] 03/10/2018 15:17

Manini,

Very good article. Thanks for posting.

Wong conclusion....

ATB,
GD

Edited. Wrong conclusion....

[shareideas1] 03/10/2018 15:04

Good article - thanks

[the manini] 03/10/2018 14:55

hTTps://agmetalminer.com/2018/10/01/zinc-on-the-brink-of-new-beginnings/

[edgein] 03/10/2018 10:00

Hedge,

Yes exciting times as they progress through drilling results, scoping study and feasibility. I'd love to know who these interested third parties are that are adding to LR's excitement about the project. Hopefully he'll explain a bit more in the AGM statement, are they potential buyers of the entire project as hinted at in the recent interview or looking for JV. A JV with back costs for that 40,000m+ of drilling, lab analysis/metallurgy would have a material impact on our market cap.

Regards,
Ed.

[hedgebetter] 02/10/2018 18:34

It could be 0.2 today and 1.5 tomorrow if an offer came in. That’s the reality of it IMO. And that’s why LR is focused on third parties interest because the only way PI’s like him and CB make a large bundle is when an offer to buy or JV comes in. We benefit.

CB is not in this for a £500k gain from his 5%. He wants millions for that. The dude is already very wealthy. LR and MC will make several million via their shares and options.

Everything to play for, stick the noise cancelling headphones in and enjoy the ride!

Day traders rarely make big bucks, they usually are happy with 20% then ‘derisk’ or sell out and lose it on the next one ..:-)

[the manini] 02/10/2018 18:01

fwiw I added today, got a decent holding now but may add further depending upon price movements. The small delay to the SS presented me with an opportunity I had anticipated and took full advantage of!

[spec7] 02/10/2018 17:53

I was guesstimating the total sales over the buys not the total traded however it was an educated guess i agree and it was first thing today not now :-). None of it matters anyway unless you plan to sell. It can drop back to .05 for all i care at this stage. I see someone today actually bothered to try and work out the real buys to sells... I don't understand this ? it's just completely irrelevant given the ultra small volume /value involved and has no bearing on where this is going. This is news driven at this stage as we have seen with the recent rise and fall on expected news and it no show. that's just traders, real value is held by LTH who are sitting fast in the background behind the daily trades. I should have waited before buying last week at .15 but TBH i doubt .03 will be relevant when this gets going.
GLA :-)

[hedgebetter] 02/10/2018 17:32

It’s just noise. BTW 1% is approx 51m - looking across LSE and NEX it’s far more than 1% spec. And now it’s prettymuch recovered today. I added a few ...

[billyboychrisd] 02/10/2018 09:13

Yep, too true.I derisked a bit two weeks back and have just put some of that back in this morning. A very attractive price after a slightly overdone sell off due to the delay (further development!) of the scoping study.

[spec7] 02/10/2018 09:00

You can see why i say the Mkt cap has nothing to do with the asset :-)
I calculate a sale of less than 1% of the company stock over the last week has knocked 23% of the Mkt cap.
At the moment its a free for all between traders and market makers making a market which can work for serious investors if you choose your timing right but its hardly indicative of where this is going either way. :-)

[billyboychrisd] 02/10/2018 07:54

They raised a few months back to ensure funding for the next round of drilling. Take a look back through the RNS and listen to the podcasts on vox for more commentary about it. It will be 2019 before anything is sought I should think.

[hedgebetter] 02/10/2018 07:42

We won’t

[simoore89] 02/10/2018 07:17

Anyone know when we are likely to run out of cash?

[hedgebetter] 01/10/2018 12:20

They are currently applying for a new permit at Lago but I expect that will be looked at after we are some way along on Toral and have plenty of cash to look at it closer. Focus is the name of the game here. Get Toral to mine or sale.

[edgein] 01/10/2018 11:34

Andrea,

There is the possibility to JV or sell Toral to a large company, they would then have hands free to get other European assets.

Regards,
Ed.

[edgein] 01/10/2018 11:33

Well hopefully they'll move away from iron ore and the new name suggests and stick to Europa metals, not African assets. Copper/Zinc/Lead/Nickel in Europe would do the trick here. While most of the focus goes onto Toral. If they could get a large company in for a JV that would be excellent and likely a large carry. This one is like OMI only difference is its already got large JORC and a pretty much ready to develop very large project. In recent interviews that you don't like he did state they were talking to third parties and most recent interviews hinted at buyers, but SS first.

Regards,
Ed.