Europa Metals Share Discussion Threads

[sleveen] 21/4/2019 12:04

Wont take long to get thru' the £950 raised:

6 months 6 months
to to 31 December 31 December 2018 2017
AUD AUD
---------------------------------------------- ------------- -------------

Revenue from continuing operations
Revenue 32 8
Other Income 7,187 71,294
7,219 71,302
Exploration expenditure (958,396) (180,019)
Foreign exchange gain 4,369 25,787
Other expenses (587,504) (629,618)
Loss before income tax (1,534,312) (712,548)
Income tax (expense)/benefit - -
------------- -------------

Net loss after income tax (1,534,312) (712,548

[hedgebetter] 21/4/2019 10:46

Isn’t it odd. All the scaremongering and worry on his board, then the latest news, and deadly quiet.

[hedgebetter] 18/4/2019 11:13

Big numbers have a habit of focusing minds .. there’s competitive tension right there.

If the ‘big boys’ want it then they need to pay to the Private Equity boys ...

[letmepass] 18/4/2019 08:52

German funds. Has to be a good reason. Get in early and wait

[tomboyb] 18/4/2019 08:49

Picked up a few this morning -

Lets see where it goes -

[letmepass] 18/4/2019 08:36

Come down from 0.4p way oversold

[letmepass] 18/4/2019 08:36

Lookong like something abour to happen

[hedgebetter] 18/4/2019 07:21

I think these guys will want a position on the board. They have a massive opportunity to realise real value by shaking up the board for the better. They also build large positions. They are listed on the deutsche Borse so this would have been months in the preparation. Given the way the share price collapsed you have to ask serious questions of how this happened.

They are deal makers, and the best way to make a deal is when you have potential buyers waiting for the deal to come to them.

[hedgebetter] 17/4/2019 18:43

A very interesting development.

I also expect more Tr1’s given this holding was at the 5th April, and despite jittery PI’s there have been some huge buys going in. Game on.

[kexicus] 17/4/2019 18:03

Assuming they have done sufficient DD, this is an extremely encouraging, positive RNS for us.

[kexicus] 17/4/2019 17:50

Just copied this from a group I'm in ....'Deutsche Balaton AG is a private equity focusing on private equity investments in listed and unlisted companies, real estate investments and investments in other assets. It will consider investing in any industry, although the company tends to invest in manufacturing, investment and service industries. Deutsche Balaton tends to invest in both German and Hungarian companies. Main exit strategies are IPO or trade sale. The firm was founded in 1991 and is based in Heidelberg, Germany'. Thanks to bagger for the above.

[nicktrade81] 17/4/2019 17:18

RNS'ed twice! Suppose they have the funds now ;)

[hedgebetter] 15/4/2019 18:25

Trades picking up.

[the manini] 13/4/2019 14:06

The asset is good and companies' list on exchanges to raise money! The problem is the (mis)management.

[sleveen] 13/4/2019 11:23

There's around 50 AIM stocks worth investor's money, all the rest will dilute and dilute again to fund explo' to the detriment of investors' wealth.

EUZ falls into the 2nd category.

[hedgebetter] 12/4/2019 20:08

I see no evidence that MC and CB were ‘compelledR17; to buy in. I see evidence that an associated company of MC also bought in - they would not have been compelled - but it’s likely they would have an inside track on the geo and other information.

Given LR has never bought in on a FCR. EUZ placing I cannot draw a conclusion that not buying in on this one means he is on his way out. However I would be more than happy if he was replaced.

I have always been in favour of a share consolidation and it’s best to treat this as a very highly likely event and act accordingly.

Some large buys cob today.

[blackss] 12/4/2019 13:43

The only reason they would consolidate is to be able to renew the dilution and placings. Not only would it be expensive it would trigger a mass exit from this. No one would expect the share price to last after consolidation so why would anyone continue to hold ?
I would be gone at the first sniff of a consolidation at this stage.

[blackss] 12/4/2019 12:57

"I DO hear that they are planning a return to drilling at he High Concentration "Core" area at toral,"

Well they did say that in the last RNS.

"It was pretty much a "Keep the lights on" Placing"

All, the placings are "keep the lights" on placings. Thats the way these AIM speculations work.

[andrea152] 12/4/2019 12:11

Nope, Hedgebetter, I'm afraid he isn't, which makes me VERY suspicious. That's wot happened to JT, just before he resigned too ..........?

I think that CB & MC were compelled by the Broker to buy in the last Placing, in order to give it SOME credibility and get it away with their clients. It was pretty much a "Keep the lights on" Placing, as we all know.

I DO hear that they are planning a return to drilling at he High Concentration "Core" area at toral, but when this is going to happen and IF the drill rigs are on site , I don't know. It certainly hasn't yet been communicated to shareholders via normal channels.

They now have a bit of money to get with it, so I suppose that process is "in Train".

I also get a water feeling that LR might not be a DIRECTOR of EUZ for much longer, and that CB & MC are looking for a new CEO, to do the job properly. LR has too many other distractions in his business and personal life to give it the 100% required at this crucial stage for EUZ, in my view. I also think he is running up against his "pay and experience grade" and hence the dire need for "someone" decent.

IMHO DYOR. GLA.

[hedgebetter] 11/4/2019 13:13

If it’s that simple why did MC and Associates buy in as you previously pointed out? As well as CB.

BTW, is LR taking your calls? He’s disappeared.