Europa Metals Share Discussion Threads

[greatfull dead] 31/10/2018 08:31

Very happy to have held on.

Ed as you say "Its only a matter of time before this one pops."

ATB,
GD

[edgein] 31/10/2018 08:15

2Prsimo,

Agreed, huge asset around $3bn of contained metal in Spain, a slow but mining friendly area. Its in a region that's been heavily mined with a historic mine within walking distance from Toral. LR has already been talking to 3rd parties and mentioned that in an interview, that's why he's so excited about the quality of this very large discovery. Cap here should be easily £20m+ before scoping study, there's many companies out there with higher comparative caps and lesser assets, across both oil and gas and mining. Its only a matter of time before this one pops.

Regards,
Ed.

[2prsimo] 31/10/2018 08:10

It seems pretty clear now that Toral is going to be a large, saleable asset in a safe mining jurisdiction - the market cap is incredibly low - creates an opportunity that I suggest won't be around for too long!

[edgein] 31/10/2018 07:47

Good news fellas, all holes hit Zn Pb and Ag with grades approaching 12% in one of the four holes. Model now extended a further 200m along strike. I guess they can now get on with infilling the core area of the large discovery. All of this data is to be used in the SS to come, can't wait.

Regards,
Ed.

[the manini] 31/10/2018 07:44

2 x RNS out

[colinbird1] 30/10/2018 22:08

Like he's got on with BZT?
I'm sure instead of spinning plates with all these other issues he needs to start concentrating on EUZ.

[blackss] 30/10/2018 16:39

To be fair it was LR who first quoted the time scale and then when it was missed he said "delayed a couple of weeks". Then it was left open ended following a prompt from JW
At least we know now that this went to .16 in the run up to the first missed date which gives us a big clue where it's going again once news is expected so i would guess anyone brave buying now could make up to 50% quite soon.
Your comments about emailing LR are a little daft if you don't mind me saying given the only dates given and missed were from...LR himself
I think better to leave him to get on with his job, i am sure he really doesnt need people pinging him all hours of the day.
As for it not being a good day ?
It went up in expectation of the SS and has come down as it did not materialise.
It will go up again with the SS. Usually when good news is expected its factored in to the share price in advance as we saw.

[colinbird1] 30/10/2018 16:05

Not a good day.Think everyone quoting timescales have done people's heads in. People should stop quoting 1,2,3,4 weeks and just say it's coming soon. I think I'll chat to Laurence later. I suggest anybody who wants to comment on bb they should make an effort in emailing Laurence first.
[e-mail]

[the manini] 29/10/2018 01:02

https://twitter.com/AmberMining/status/1056485843081330688?s=19

[hedgebetter] 26/10/2018 20:49

When it gets finance it will be Martini's all round. Shaken not stirred.

[andrea152] 26/10/2018 11:18

Quite agree Colin. Patience is the key. Best to get it right in the 1st place & not have to make addendums later.

It will be a Sales "Brochure" for the Company going forward anyway.

Guy on LSE BB pointing out today that it will be "Do-able" and accessible Boring metal (e.g. Zinc/Lead) projects which will gain the interest of 3rd Parties over the next few years. Not the ones in the middle of nowhere, in Africa, the "Stans" or S America. Toral ticks all of the right boxes in that regards, as well as being an effective "Brexit-Hedge". We only need to fund out how big it is and whether it can be financed, or not .........!

IMHO. DYOR. GLA.

[greatfull dead] 25/10/2018 15:58

colin,

That's the nature on investing in stocks and shares. Glad this is not the TSB.

ATB,
GD

[colinbird1] 25/10/2018 15:05

Don`t quite seem to understand why everyone is quoting 1 week to 4 weeks.It`ll come when it comes.

[hedgebetter] 25/10/2018 12:37

100% Agree !

[amaretto] 25/10/2018 09:41

Just re-listened to LR on the Vox podcast and after being cautioned by Justin Waite about boxing himself into a corner with timescales, the words he actually used were, “Honestly, I think it’ll be done by October but I'm very aware I've just promised one thing and we haven't managed to get it out”.

Since then they'd have had extension drilling results coming in and given they've delayed to fundamentally 'optimise' the project, it takes little imagination to believe that they'd incorporate those results into the SS.

Whilst technically they're delivering a scoping study, it's a bit more turbo charged than that and probably more akin to a pre-feasibility study so should get some fairly solid numbers and act as a great advert for investors and buyers alike.

If a quality, turbo-charged SS comes with a resource upgrade, what sort or mkt cap would that justify compared to our current £6.5m.

Throw in a buoyant market in zinc of late and we're set for an interesting four weeks IMO.

[hedgebetter] 25/10/2018 08:59

I Agree. There is also a trade off between having a SS that serves as a very good marketing artifact to third parties as well, and also delivering a pipeline of follow on good news. I think we will have our cake and eat it ... :-)

[edgein] 25/10/2018 08:56

Amaretto,

Oh definitely the more than goes into the SS the better and it'll make it easier to market to the 3rd parties too.

Regards,
Ed.

[amaretto] 25/10/2018 08:52

The words used by LR were, "should be out by the end of October", so it could be out early to mid November.Baring in mind that they'll have the extension drilling and a possible resource upgrade, don't you think it might be tempting and actually a pretty good idea to perhaps incorporate those results into the SS.Personally I'm expecting mid November for those reasons. For the sake of a few weeks I think the wait will be worth it.

[edgein] 25/10/2018 08:39

Hedge,

Same here and its not just the SS anyone either, its the metallurgy results and drilling results/assays due now too.

Regards,
Ed.

[hedgebetter] 25/10/2018 08:33

Looking forward to it. The numbers should be very good.

[rizler] 25/10/2018 08:19

Not many trading days left before end of October. Hopefully this scoping study be out soon...

[hedgebetter] 24/10/2018 16:13

:-) Thanks!

[greatfull dead] 24/10/2018 15:54

Zinc US$ 2,712/t vs US$2,654/t yesterday.

ATB.
GD

[andrea152] 23/10/2018 10:03

Agree with most of the above, but think you now have to treat this as a "New asset", post the discovery in the Cordoba "Core Shed" earlier this year.

I am now very interested in what is going to be found in the Stage 2 drilling program, as they go deeper into the "Core" , high concentrate area and then seek to define the boundary of that area, as well as what depth it extends to.(which historical drilling has never done).

If you read what MC said in his one para comment in the 4th October RNS from EUZ, it says it all: They are very interested in extending the profile of the core deposit, moving some of it up to Indicated Status and, it is all ahead of schedule.

20MT plus, would be a "World Class" Zn/Pb deposit.

That is what will bring in the 3rd party interest - if it isn't there already ...?

IMHO. DYOR. GLA.

[the manini] 22/10/2018 11:30

S&P Global Market Intelligence estimates that the average annual zinc ore grade at producing mines slumped from 6.8% zinc in 2000 to 4.3% zinc in 2017, primarily due to falling grades at larger mines and increased output from China. In order to expand production over the same period, many operations had to significantly increase mill throughput at a higher production cost. This analysis is based on the 408 zinc mines covered by S&P Global, with their production representing between 60% and 90% of each year's global mined production during the period.From a link posted by LW today on Vox markets...