Europa Metals Share Discussion Threads

[spec7] 27/7/2018 13:45

We need some good news now to steady the ship. At least he is doing his best but with his hands tied i would guess.

[billyboychrisd] 27/7/2018 13:23

Well he certainly sounds excited. Either someone was tickling him on the other end of the phone, or he's VERY optimistic about the minerals in the ground.

[billyboychrisd] 27/7/2018 13:10

Podcast on vox markets - gives some context to the raising.

[hedgebetter] 27/7/2018 12:12

Fair post spec.

[hedgebetter] 27/7/2018 11:02

Andrea, you sound like a scorned agent ;-) your big hitter friend and all that.

Best you re-read the RNS when you have calmed down.

[blackss] 27/7/2018 10:13

The danger now will be a consolidation to give a reasonable share price but another opportunity to start dilluting again. I had hoped the £1m they raised would see them further than phase1

[andrea152] 27/7/2018 09:58

Yep, I know !!

Guess I was wrong about that too !!

Dilute, Dilute, Dilute, then Bust - the same old weary story of AIM.

Unbelievable.

IMHO. DYOR. GLA.

[spec7] 27/7/2018 09:42

But andea , this is a new company and everything has changed you know ....lol

[andrea152] 27/7/2018 09:38

Nice to know that LTH's have been shafted again in another "JT-Style" Placing .

LTH's diluted by a further 13% , which THEY have to buy in the market , if they want to maintain the value of their holdings. Such is the reqard for Share loyalty on the AIM market. And NO, I didn't get a phone call from turner Popoe, despite having supported the Company since Inception in 2010 !

Now 5.6 BILLION shares in issue and they didn't even need the fekking money.

Truly, truly, pathetic.

IMHo. DYOR. GLA.

[billyboychrisd] 27/7/2018 08:59

Yep, bought the bulk at 0.065 and just topped up a little more at 0.079 so I guess I might be more relaxed than some this morning. That's the challenge in this game, buying as low as possible and showing incredible patience.

[daar] 27/7/2018 08:38

Fair enough.. you in from lows?

[billyboychrisd] 27/7/2018 08:06

Nah,very much doubt that. I'd be surprised if in a couple of weeks, we don't end up near where we were yesterday. There's positive momentum with this share, placings are necessary and the future is looking bright

[daar] 27/7/2018 07:57

Can we see 0.07?

[andinvestor1] 27/7/2018 07:15

I have been looking at starting a position here over the last few months & the placing just announced gave me this opportunity - happy to now hold this share and expect it to be similar to my GWMO holding in many ways. Appreciate that many do not like placings but the discount is reasonable compared to many and gives larger investors a chance to secure a larger chunk than they could buy on the market. I wrote a blog post on placings for those less familiar with them this week:

[daar] 27/7/2018 07:14

Last placing was at 0.0575, so a little improvement this time lol

[2prsimo] 27/7/2018 07:10

oh look! another placing from this lot...yawn

[hedgebetter] 25/7/2018 13:11

Timing is everything. Patience is very important. It’s a tough game to get right and the odds are in favour of 10% of market participants. However the asset looks very good ‘16mt for starters’ said LR in the Manchester video - and I agree looking at the block model. Site visits by interested third parties is more than interesting. Happy to speculate today before Q4 arrives. Even then it will probably have plenty of mileage if the updated JORC and scoping study look good ...

[spec7] 25/7/2018 11:52

Agreed the risk reward is higher if you take a gamble but many would rather buy after take off which is understandable. I don't mind buying on speculation but to me it's more about timing. I have called this one all wrong and like many i have been here for 7 years. People like to have a laugh at that and tell you "you have lost money" but of course you don't lose or make anything until you cash in. the secret is to buy just before the take off but not 7 years before :)

[hedgebetter] 25/7/2018 11:27

That’s the thing about markets. Some speculate in advance of events, some afterwards.

I have sufficient information to suit my risk profile to accumulate based on what I am seeing right now. I kicked the tyres that were shown and they look good.

[spec7] 25/7/2018 11:13

I tend to think, wait and see at this stage. No one will doubt managements qualifications or experience in their individual fields but running a company is a profession in itself. Tom Revey and Ed Nelaon were billed as the who's who of mining here once :)
Its all plodding along quite well at the moment,maybe an extended holiday is what we all need....come back here in the Autumn :)

[hedgebetter] 25/7/2018 10:50

Shareholders can come together to challenge via a EGM if the price is deemed ‘too low’ by the market. That can be arranged these days.

I know of several guys who have built a holding each to a few shares short of 3% - not to show their hand to the market. There must be more. Accumulating while the market was pondering and clearly still is given the stupidly low MC!

However LR and MC are acting with crystal clear integrity and I am confident they will do their utmost for the shareholders. Seriously good management we now have. IMO.

Enjoy your holidays :-)

[andrea152] 25/7/2018 10:44

I'm talking about selling the Toral Asset, not the whole company. The Company continues on afterwards, with possibly new projects. Shareholders would have no say in that at all. It happened at BZT, with not particularly good results for shareholders.

And no Black, I don't think that anybody is happy about that, although very few people would have bought at 20p (although I did !) and most will have averaged down to around 0.2 of a penny by now, if the had any gumption. Still dusnt make good reading though, I grant you.

All comes down to Management in the End and are LR, MC & CB any better than JT, Tom Revy or Ed Nelaon ? Ans: I just don't know !

Off on me Hols now, so here's to the Scoping Study results in the Autumn being OK !

IMHO. DYOR. GLA.

[hedgebetter] 25/7/2018 10:39

LR and MC have done wonders for the company. Let’s support these guys as they clearly know what they need to do and are cracking on with it. Wonderful stuff - a phrase I rarely use but is merited by those guys. A fantastic turnaround is under way - stuff of legends in the making.