Europa Metals Share Discussion Threads

[blackss] 07/3/2019 18:14

I know if i call LR if he has any credibility he will not be telling me if approaches have been made let alone tell me he is relaxed because of the approaches that have been made. I have no intention of wasting his time and i suggest you stick to "facts" and not assumptions and stop wasting mine and others here..

[hedgebetter] 07/3/2019 17:35

You won’t know unless you call LR. Easy.

DYOR. IMO. GLA

[blackss] 07/3/2019 17:25

I simply said do you know for fact that "approaches have been made" after you said

"LR however is relaxed and confident because he knows the asset potential and the approaches that have been made"

Its not easy to DYOR if people are assuming but posting as fact.

[hedgebetter] 07/3/2019 17:10

I always call the directors as part of my own due diligence Blacks.

Manini - I agree.

IMO It would be naive to think there have been no offers. They will wait for the right offer, take it through negotiations and then it becomes price sensitive if they agree to sign. Until then documents will be marked - draft for discussion purposes only - or other such thing. Perfectly normal.


DYOR. IMO. GLA

[the manini] 07/3/2019 17:08

To be fair to LR I don't think you can RNS every show of interest or you'd look like you were just attempting to ramp the stock price up. If the asset is good enough (and it is) then it's naturally going to attract interest, whether that works out or not is another matter. I know I'll get 'well if there's nothing to rns then he should keep quiet' but keeping quiet doesn't really cut it either when investors are massively under water and demanding to know what the directors are doing about it. So personally I just accept that there's grey areas as with many things in life. Just my tuppence...

[blackss] 07/3/2019 16:56

Thanks
I don't need to call LR because i trust if he has any price sensitive info it will be released through the proper channels and not leaked in private phone calls.

[greatfull dead] 07/3/2019 16:35

A wee tick up, nice. I AM IN PROFIT. Is something good going to happen here at last!!!

GLA,
GD

[hedgebetter] 07/3/2019 16:17

Call LR Blacks. DYOR.

Andrea - there is no need to spend at the same rate.

Onwards and upwards.

[blackss] 07/3/2019 14:08

Hedge you seem to have completely ignored my question so i take it this is what you "hope" and not in fact ....fact

[andrea152] 07/3/2019 13:50

Just going back to the 31st Jan Cashflow Report, they had AUS$362k left at the 31st Dec 2018, which is approx. £200k.

In the previous quarter they went through AUS$ 1.1m of cash, which included AUS$ 400K of Admin expenses , without any drilling activity, which has now ceased. So, 2 months down the line from that statement, most of that remaining AUS$ 362k must have been spent.

That is why I am worried. The re- publication of the SS Report, with contained figures, will have no impact on that at all. What they need is a Cash raise or a JV. Urgently.

Whether LR is relaxed, or not, also has no impact on the above statement.

IMHO. DYOR. GLA.

[greatfull dead] 07/3/2019 08:14

Hedge,

He does sound to me too.

ATB,
GD

[hedgebetter] 07/3/2019 02:23

Posted on LSE and LinkedIn by LR:

Very interesting listening to wood mckenzie on zinc market.

Concentrate quality with low contaminant levels will be crucial for prc smelters, increased competition for shipped premium product.

Utilisation rates to increase for smelters but prc environmental policy impacted the intergrated domestic chain.

Dirty projects or smelters being closed. 0.5mt refined metal deficit and could well double.

Concentrate disruptions occurring from mine supply over past 12 months combined with new smelter capacity needed by 2022. 2019 should see the fourth consecutive deficit but crucially product quality of con will be a key driver for the future.

All positives in terms of timing for Europa Metals Toral project spain in a region known for low contaminant product, 4 to 5 year timeline to production and looking at an initial high grade focus of 10mt at 10 pc from current 16mt at 7pc zneq.

#metals #mining #zinc #pdac2019
Nb slide from ppt just before

10mt at 10pc ???? ... sounds relaxed to me as that’s one heck of a NPV.

[hedgebetter] 07/3/2019 01:53

And another thing, delisting from ASX ain’t cheap. Some might say that’s the last thing you’d do if presented with an insolvency option. Flying out to the PDAC conference in Toronto is another.

[blackss] 06/3/2019 17:31

Do you know that for fact or are you hoping thats the case ? To say he has had approaches that mean he is now relaxed about the future is quite a big statement.

[hedgebetter] 06/3/2019 17:08

To be fair, you said the same 15 months ago Andrea. LR however is relaxed and confident because he knows the asset potential and the approaches that have been made ....,

[blackss] 05/3/2019 13:04

Agree Andrea
I dont see a rush to get in before Friday in fact i am not sure you will hear anything Friday apart from maybe a std confirmation of ASX delisting. i worry that anyone with even half an interest here will have the SS results anyway so not expecting some great Epiphany Friday...lol
anyone who is daft enough to want to come on board now will be waiting to see what the cash situation is and how they plan to solve it.......

[andrea152] 05/3/2019 12:01

Quite, Manini and Hedge.

LR is very good at "Guilding the Lily". What we need to see now is either a Firm Cash Raise or, preferably, a JV.

Otherwise, the Company will shortly be insolvent.

IMHO. DYOR. GLA.

[the manini] 04/3/2019 13:47

Yes agreed edgein we need those numbers and a JV signed a.s.a.p!

[edgein] 04/3/2019 11:00

Manini,

Yean zn at $2800/tn and Pb at $2100/tn are very good for our high grade material. Not long now until the ASX delist and the shackles are lifted. Hopefully they'll make some progress on the JV rather than another placing. All these cheery site visits are all well and good but it would be nice to see one materialise into a deal signed.

Regards,
Ed.

[the manini] 27/2/2019 22:12

https://amp.ft.com/content/318a3832-39c9-11e9-b856-5404d3811663?__twitter_impression=true

[hedgebetter] 25/2/2019 21:28

Andrea, LR is actually in very good spirits. Very upbeat. Call him ...

[the manini] 21/2/2019 19:13

https://twitter.com/WrightmanAIM/status/1098485730886717440?s=19

[the manini] 20/2/2019 18:18

https://stockhead.com.au/resources/the-world-is-now-running-on-a-10-day-supply-of-copper-heres-why-shortages-are-the-new-outages/amp/