Europa Metals Share Discussion Threads

[spec7] 23/7/2018 13:35

Anyone just under the threshold in FCR would be almost able to double their holdings in EUZ after dilution. Unfortunately ADVFN have deleted all the old FCR threads so i cant look back and see who the oldholders were and this thread doesnt show on the EUZ page either so its unlikely to be found by many researching EUZ.

[hedgebetter] 23/7/2018 13:05

What about that grassroots exploration guy. He / they seemed to accumulate a lot of shares but never showed them crossing the % thresholds on the way down. However, he/ they still also follow Europa Metals Ltd @LtdEuropa on twitter.

[spec7] 23/7/2018 11:51

ha ha dont mention you lost a lot of money here on FCR Andrea :) i did and now its used against me ...lol
I wonder what happened to the other big investors ? wasnt there a guy called "espinol" or something and Pat viera bought a shed load in the placing at .02

[andrea152] 23/7/2018 10:56

Soz. I must stop posting so frequently.

Just a PI who lost a lot of money on FCR I'm afraid, who's interested in Mining, along wiv a few Mates. Not paid by the company, or anything and defo not a MM !

Fortunately EUZ (& new Management) luks a LOT better than FCR !

Spec, I think UR right. That COULD happen. I've always wondered if that Ed Nealon declared holding was actually the correct number !? It seems very low.

IMHO. DYOR.

[hedgebetter] 22/7/2018 20:50

You sound like you are acting as an agent Andrea.

[spec7] 20/7/2018 17:24

One would hope so but he could have bought 1.7b or a portion of at 0.0575. Although the market dropped to .065 ( i think) i doubt it would have stayed there for long with a large buyer in the background. Anyway i am sure they would have declared, i was just thinking out loud how easily they placed 1.7b and Andrea's mention of an interested party..2+2=5 maybe :-)

this is what i was referring to earlier

Aperson must notify the issuer of the percentage of its voting rights he holds as shareholder or holds or is deemed to hold through his direct or indirect holding of financial instruments falling within DTR 5.3.1R (1) (or a combination of such holdings) if the percentage of those voting rights:

(1) reaches, exceeds or falls below 3%, 4%, 5%, 6%, 7%, 8%, 9%, 10% and each 1% threshold thereafter up to 100% (or in the case of a non-UK issuer on the basis of thresholds at 5%, 10%, 15%, 20%, 25%, 30%, 50% and 75%) as a result of an acquisition or disposal of shares or financial instruments

so if the shares were issued on to the AUX he could hold 5% or 236m (if my maths is right)

[hedgebetter] 20/7/2018 16:24

1.7bn shares. If he's a real big hitter then would he not continue with his financial assessment and purchase shares in the open market comparing market cap now with his future idea of market cap in the event of a good scoping study - financial viability etc? Maybe he already has?

[andrea152] 20/7/2018 13:50

Under current AIM-Declaration rules, you still have to declare individual holders, over 3%, even within a Nominee Holding, even if they are "Abroad". Of course that's the theory - whether you can enforce that , and whether the FCA actually bothers, (unlikely), is another story. It is also very difficult to get an Offshore Nominee to reveal their underlying client - it's practically unenforceable in fact, in my experience.

I had a long-term big-hitter lined up as a possible taker for the last Placing (1.7m shs), but they didn't even get a phone call from the BOD, or the Company's Brokers - probably because TPI knew they could cover it themselves and make lots of lovely commission on it, as well as a bit of short-term Moolah for their clients !

Lets hope that the money they raised from that last PLacing gets them all the way through the Scoping Study, as another placing before then, would NOT be good news. They should be OK.

IMHO. DYOR. GLA.

[spec7] 20/7/2018 10:51

Thanks, just wondered if an "interested party" might be accumulating in private. Looking back on it they seemed to have absolutely no problem placing 1.7billion shares at will, that might have been easier with a couple of large buyers (with an interest in funding the scoping) than dozens of small pi's however as i say no one declared although i think you can hold 5% or 10% abroad without declaring but i may be wrong

[andrea152] 20/7/2018 10:27

Spec - I think they just placed it out with the Retail Private Clients of Turner Pope and THEY are effectively funding the Scoping Study.

They are also the likely constant sellers in the market, at present.

China definitely interested in different global sources of Metals, as alluded to by LR's "Squawk". They are fed up with African corruption and clearly (& rightly) don't trust the Yanks and have Self-Protection Issues with the Aussies, so Y not look at Europe, post-Brexit ?

IMHO. DYOR.

[andrea152] 20/7/2018 10:21

Heads up for anyone who didn't notice that BKY listed on the Madrid Bourse this Wednesday and stock went to a 52% premium to their London AIM Listing Price.

Would be more useful than a secondary listing on the JSE Market, to EUZ I feel ?

Apparently that makes BKY the only listed Spanish Mining co on the Madrid Bourse - which I find amazing really.

IMHO. DYOR. GLA.

[spec7] 19/7/2018 19:08

Hedge...you have a short memory :-)

If you post links with HTTP in capitals ADVFN will not auto alter it to hxxp and your links will work like this

[hedgebetter] 19/7/2018 14:13

hxxps://youtu.be/4IiL9DkWGjo - some interesting comparisons.

[hedgebetter] 19/7/2018 11:41

LR worked for Mineral and Financial - previous owners of Toral - as you say.

If we knew who has visited the Toral site as third party interest then that would help. But we have zippo chance of getting that out of the EUZ guys and rightly so.

I suspect that third parties have had some input to the drill plan as part of their due diligence.

[andrea152] 19/7/2018 11:19

Actually it was Laurence Read, then a Director of MAFL,(who knew JT) who suggested that that MAFL might quite like to sell Toral/Lago, and FCR buy it. That gave MAFL scope to pursue their other main Copper project at Lagoa Salida in Portugal, which they are still doing.

JT DID genuinely try to Farm Out Moonlight with a South African Development Company, but the terms they offered were so poor that even though the Iron Ore price did recover, it was cheaper to close Moonlight down, rather than go ahead with it.

Unfortunately, JT was not a Geologist , or indeed, much of a Financier and he got bogged-down constantly trying to raise money to keep FCR afloat, which was his downfall eventually. He made a big mistake in not appointing Merlin Marr Johnson to the BOD , and paying him a decent wage, in my view - as he knows what he is doing, and is a talented Geologist. (Now at Erris Resources as CEO).

I am sure that Miles Campion, and the new crew in Spain are very much up to the job and will produce a decent result for Toral, IF there is anything decent there to be had. (which I think there is).

I am also beginning to suspect that the eventual Buyer/JV Partner may not necessarily be one of those in the current running (Lundin, Boliden etc). Times (and mining markets) have moved on.

IMHO. DYOR. GLA.

[dillon1] 19/7/2018 11:18

Love to go round in circles comparing your wife, your life to Toral. Trying to see the factual similarities. Fact is there are a fair few people upset that I, like others have managed to purchase at a fraction of the price, other investors bought at a premium.
Spec certainly has spat his dummy out. 1) because He is sat on a massive loss, 2) I`ve like most others have bought in at a fraction, 3) his name isn`t in blue anymore on ADVFN after 20 years.
Now to you black, you can and won`t put up an atom of an argument against EUZ and what the current share price/market cap is right now. You`re doing comparisons on your life in regards to this new company. Your life, specs or mine has no bearing on this company. JT trashed the sp, not me. EUZ has actually progressed, which you 2 kids will not be happy with because you both won`t see a recovery until you see the price you paid.
I`m calling you vexed, you`re calling me vexed and you old folks are more childish than I am. You both don`t like seeing other people make multiples of money, while you recover. You both are hurt over a financial loss, which is understandable. But to be bitter and jealous over the investors who brought in at a super price is beneath anyone. Anyone who buys at this price or even above this is buying an amazing bargain.

[hedgebetter] 19/7/2018 11:10

Tooth bought the project via Laurence Read (LR vended the asset in) .... it was a new car - I made comparisons with other cars and my old car - and on that basis invested into a car that would make the journey ... ;-). I no longer give my old car a seconds thought...

[spec7] 19/7/2018 08:19

Headge
I don't disagree with you which is why i invested and am still invested :)

But did you buy a new car..or just change the badge :-) (Please note that was in jest :-))

[hedgebetter] 18/7/2018 21:00

It's a great time to be invested in EUZ. FCR no longer exists. The asset it had is no longer owned by FCR and therefore EUZ. I bought a new car last September, I don't go on about the last car I owned prior to that as though it influences the performance of my current car. It does not. Happily building a position in this asset without baggage from the past.

[spec7] 18/7/2018 19:02

Oh dear Dillon sorry but 3/10 for that one.

Well i was happy to let this drop but seeing as you want to continue :)
Firstly some facts....do you know what facts are ?
You don't lose on a stock till you sell out and i still hold 20m.

You claim Moonlight and Toral are both mines ? Wrong they are leases for bits of land.
Nothing more at this stage. This great company is a few people, a portacabin, a couple of lease vehicles with FCR removed and EUZ applied.....and a filing cabinet with a £360k lease in it. True it differs from Moonlight because Moonlight was further advanced at this stage and worth a lot more.

I said 20 years of ADVFN membership not trading and i have just this left in the AIM which i will sell at £100k

So once again you post a complete load on nonsense rather like your quote a couple of days ago "at least the share price is moving in the right direction" Some time when i am bored and i mean really bored i will explain to you what the right direction is...