Europa Metals Share Discussion Threads

[greatfull dead] 05/6/2019 16:18

Just back indoors. Anyone and idea why the great rise in the sp, +32.14%?

GLA,
GD

EDITED. ED well done on your averaging buys...

[edgein] 05/6/2019 16:15

Still not one of my bigger holdings but it hasn't stopped me buying millions of shares circa 0.015p.

Regards,
Ed.

[edgein] 05/6/2019 16:13

Knowing,

Probably won't be that long, they're only drilling a couple of holes into the high grade core and then working on the feasibility study, metallurgy and reserve reclassification. Also they were at 0.05p eqv even taking in the recent dilution before the Scoping study. Mishandling that and the fundraising (should have been done sooner) caused the drop in the share price. Its oversold as the resource is high grade and the SS has an NPV of $110m and IRR of 24.4%. Pretty damn good for a £2m company. £6m looks about right for now (0.05-0.06), maybe the market will catch on to that. Will be interesting to see the assays for the high grade core once available.

Regards,
Ed.

[ahmedbin69] 05/6/2019 16:12

MXO guys Name change about to happen Then news flow with the Dubai prince will see it fly Get it now Don't leave it Aim is always about the next big thing

[ahmedbin69] 05/6/2019 15:56

Knowing the rampers from twitter see this as the next target They ramped that dog GUN now bailed now will start to ramp as soon as they have taken their positions

[knowing] 05/6/2019 15:43

Exceptionally large volume. Wonder if there is a leak on Toral

[knowing] 05/6/2019 11:36

Wonder when we will get our first update on the Toral project drilling

[knowing] 05/6/2019 11:26

Woken up at last

[bradbury3559] 05/6/2019 11:25

Come join the party #BBSN

[king suarez] 31/5/2019 20:44

It's a fair point, I suppose wishful thinking perhaps that they might now have enough cash to get to the point of signing a joint venture or selling the mine outright?

[blackss] 29/5/2019 20:34

Why do you not see further dilution ?
Last year they raised £1m at the end of March and another £500k less than 4 months later
This year they raised another £1m at the end of March............

[the manini] 28/5/2019 20:41

So you're asking everyone when the shareprice will go up and then in the same post telling everyone that they will soon make money. Have you not answered your own post!?

[kowsarhassan] 28/5/2019 14:37

Hi All,I'm new here, any ideas as to how long I will have to hold my shares before I can sell for a little profit ? FYI I bought at .000159.Sorry I know you may feel that this is a million dollar question but any indications would be greatly appreciated. My own view on this company would be that they will do very well but it's just a matter of time which I dont have at the moment and would be looking to withdraw but saying that I'm loosing a fair amount at the moment hence the question above. But to everyone else if you can please hold tight to your shares, soon you will be making some money. Lovely day to you all!

[hedgebetter] 28/5/2019 07:22

Maybe DB with 14.5% holding and Brandon Hill are better at timing their investments than the average PI is. I would suggest that DB is unlikely to give their shares away to CB for a minimal multiple.

Maybe EUZ’s own broker Brandon Hill with 5.5% of the company have more info than we do. I am sure some will argue DB and BH know less than we do.

Just because the asset has not been sold does not mean that it cannot be sold. Everything has a price tab and you have to meet it as the buyer or adjust it as the seller.

As regards CB Jubilee and Galileo - it looks like a simple mutually beneficial arrangement rather than a merger at this point.

IMO DYOR

[andrea152] 23/5/2019 11:39

I see there are suggestions on LSE that Colin Bird is getting Galileo Res to Talk to Jubilee, his other African co, with a view to merger or takeover, in order to consolidate his interests.

Clearly a Read-thru for EUZ & BZT here as well, as both of these are also in trouble, in terms of both management input, cash in the Bank and yet both have sizeable assets sitting behind the scenes, which they can't sell at present. Both are also too small to really be commercially viable, or of any interest to serious Institutions, apart from a few Vulture Funds such as DB.

Could well be that the whole CB "Investment Empire" gets rolled up into one Company & one quote in due course. It wud make sense actually, although on what terms and how PI's wud come out of it is an entirely different question ?

My personal opinion only. I no longer hold the shares of any CB or LR Company, although I maintain a watching brief.

DYOR. GLA.

[greatfull dead] 21/5/2019 16:45

Hedge,

If you mean what cpap is pushing. Yes they are. Excellent bb with great info.

I have been in for awhile...

ATB,
GD

[hedgebetter] 21/5/2019 16:39

Interesting :-)

[greatfull dead] 21/5/2019 14:52

Please cpap, Enough is enough...

ATB,
GD

[cpap man] 21/5/2019 14:47

KAV



Some nice words in the morning note from the highly respected mining analyst John Meyer at share price Angel ref: LSE:KAV / www.kavangoresources.com /Tw*tt*r = #KAV



Kavango Resources (KAV LN) 3.6p, Mkt Cap £5.7m – Laws of probability to be rewritten after Kavango strikes mineralisation in first and second drill holes under Karoo sand in Botswana

Kavango, which is exploring for a large-scale bushveld igneous-type mineralisation reports results from a second drill hole in Botswana.

The team which are highly experienced in the geology of the region have used geophysical data and remote sensing to establish drilling locations.

Remarkably, the first drill hole hit mineralisation under the sandy Karoo sediments
Even more remarkably the second drill hole is reported to have also hit mineralisation including copper in chalcopyrite with a 1.5% XRF gun reading. X-Ray Frequency gun readings are not considered to be reliable due to their potential for miss-reporting but we do place some value on the readings when in the honorable hands of Messrs. Foster and Moles.

The first drill hole hit a 200m zone of intensely altered rock with indicative cobalt values of up to 0.9%, averaging 0.2% cobalt and >70m of elevated copper, zinc, lead and nickel values.

Conclusion: Kavango is worth watching and we await results from drill core assays. While we never doubted the skill of the geological team we are surprised and impressed to see two sets of mineralised results in so short a time frame. Well done team!

[greatfull dead] 21/5/2019 14:36

Black,

No I am not saying you can't have an opinion. I don't mind unbiased posts. But please do expand and accurately when you do post.

We know that EUZ have been mismanaged. I really have no time for LR our CEO. The listing in Oz was part of the problem that got worse and was main the reason the to the share price drop.

The placing we all know was hugely damaging to PI's. The placing though did bring in much needed cash and saved the company going to the wall,IMHO.

Toral has exceptionally high grades on data attained to date. The next drills will give us a very clear picture of what is what. Good, bad or indifferent.

This is mining. I can't see what is underground. The EUZ geologists can, and will with the info from the next drills which have started.

I am still in because of the SS results. EUZ now have the money for the current drills.

Good results from these drills IMHO will see the asset probably taken over by a mining company that can develop the asset or a JV. I am sure some are looking too.

It may be that the drill results are not what EUZ envisage they will be. That is why I have not topped up yet.

Currently my spare cash I have it is buying shares in mining companies in great locations with assets that are in or near their SS stage. I also hold mining companies that are in either the development stage or better still production and exploration.

Finally. I only asked for guesstimates of the next RNS in post number 1101. That post was not a ramp or biased. It was a straight forward question...

ATB,
GD

[blackss] 21/5/2019 14:35

It might surprise you to know i hope everyone does really well here. why on earth would i want to see anyone lose money just because i did.
I'm afraid i am now too long in the tooth to be trying to deramp this to get back in lower even if i thought a one persons campaign on a free chat room would make the blindest bit of difference.....which i dont TBH.?
My personal opinion is its now a race between getting the JORC from inferred to Indicated before they run out of cash again.. If they can they can get the share price up and limit further dilution, if they cant they ,may have to raise at these levels again.
My worry is given the recent events they may prefer to raise again at rock bottom prices and use the expected results as a sweetener for a placing first. there was little attempt to get the share price up before this last placing.....

[edgein] 21/5/2019 14:04

Could be back to 0.05p here in a flash, that's to a similar cap to Pre-SS levels. £6m for Toral would still be cheap as chips. Holders here will be keen to see the assays from the holes targeting the high grade core. 4% cut off says it all really.

Regards,
Ed.

[edgein] 21/5/2019 14:02

No you don't have to hold to have an opinion, buy yours might be clouded by the £50k you lost here. Others on the other hand will be looking forward to the upcoming assays and feasibility after that. Cap is only a mere £1.8m with approx half that in cash at present. Many are now strapped in and ready to go, its not just the Geemans, although 1.7bn is quite a wodge that they've taken at bottom drawer prices.

Regards,
Ed.

[blackss] 21/5/2019 13:46

Oh sorry.... Do you have to hold to have an opinion ? Are you suggesting that only people invested can have an unbiased opinion ? I would think people not affected by future performance are far more likely to be unbiased ?