Europa Metals Share Discussion Threads

[the manini] 29/7/2019 15:06

"I hate to think what that tan has cost you all :)"Precisely nothing at the moment because I didn't panic sell. Convinced I'll walk away with a handsome profit as long as I remain patient.

[edgein] 29/7/2019 14:42

BlackSS,

He's been doing more than working on his tan, each of these holes to date have taken about 30 days each. So the current hole is due to complete approx around 7th August or next week, then its a case of waiting for the assays from the high grade core.

Regards,
Ed.

[edgein] 29/7/2019 14:34

Rmart,

Well there's two potential bowls on that chart at 0.05p the next at 0.11p so you never know. It was much higher than this before the SS let alone these upcoming drill assays from the core, or any potential reserve upgrade or +ve met tests which are next on the agenda for the company. I'm quite happy to have finished averaging down on these.

Regards,
Ed.

[blackss] 29/7/2019 14:33

I hate to think what that tan has cost you all :)

[rmart] 29/7/2019 14:28

If they follow this interview up with as expected an rns stating success on drill 3. , then good results from assay in drill 2 followed by the same on drill3, all as expected then the share price will break well past 0.095 imo

[edgein] 29/7/2019 14:17

Yes the detailed interview has helped and being exceedingly oversold before the placing. Now we've a broker target discounted some 70% odd or something like that and its at 0.095p discounted. Also that would be derisked on adding indicated from the inferred resource, the current reason for the recent drilling that's about to conclude. So we'll likely see that broker target increase further as this discovery gets derisked.

Regards,
Ed.

[edgein] 29/7/2019 14:08

GD,

Yes lots of detail in that recent interview and building up towards the met test results and reserve upgrade. Given the highly discounted broker target there's plenty of legs left on this one too. Also LR is hinting at the new German insti as being a long termer adding stability to the share price. Should have this next hole complete in the next week or two. Last hole went down mighty quick. Would love to see a jv here and them take a go at the deeper Toral. He sure has come back with a good tan from his Spanish visit.

Regards,
Ed.

[greatfull dead] 29/7/2019 14:06

Same thoughts Mart.

ATB,
GD

[rmart] 29/7/2019 14:05

Where is the pump? It is down to a good interview and potential good drill results coming up.

[hedgebetter] 29/7/2019 14:04

LR previously quoted the CAML purchase of SASA as a benchmark for takeover valuations.

[woolybadger62] 29/7/2019 14:01

Biggest pump and dump today

[greatfull dead] 29/7/2019 13:56

Slim chance of T/over on good drill results!!!

GLA,
GD

[rmart] 29/7/2019 13:41

Should make it to 0.095 as broker says soon. Imo

[tomboyb] 29/7/2019 13:08

certainly climbing -

Thin traded over summer hols means illquidity in many micro caps-

[greatfull dead] 29/7/2019 13:01

Mart,

Thanks for the links.

ATB,
GD

[greatfull dead] 29/7/2019 13:00

Ed,

A more detailed interview than others.

LR nicely tanned from his recent working visit to Toral...

ATB,
GD

[edgein] 29/7/2019 12:45

Courtesy of rmart on the other thread, very good interview on current and future prospects:



Regards,
Ed.

[hedgebetter] 24/7/2019 20:28

That discount is quite hefty. Still, I think most shareholders will be happy with that for now until we get the results of all the drill holes in, the assays completed, and the upgrades (fingers crossed).

[edgein] 24/7/2019 12:29

Here is the note that Rmart's podcast link from the other thread refers to. They've a highly discounted value on EUZ at the moment of 0.095p per share, just x6 the current share price. And that's discounted by 70% too and as they say will move up as the company books reserves into the indicated category.



Regards,
Ed.

[greatfull dead] 24/7/2019 11:57

rmart,

Thanks for that.

Philip Cleggett, good overview on where EUZ is at.

ATB,
GD

[hedgebetter] 24/7/2019 11:38

I reckon approx mid August to finish this current hole.

[rmart] 24/7/2019 10:43

13 mins in.

[edgein] 24/7/2019 10:05

Why what's happening tomorrow? Its too quick imo for them to have finished the next hole and collected those samples. It could multibag at any time though given the current cap and size of the asset.

Regards,
Ed.