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EUZ Europa Metals Ltd

1.40
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Europa Metals Ltd LSE:EUZ London Ordinary Share AU0000090060 ORD NPV (DI)
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 1.40 9,933 08:00:00
Bid Price Offer Price High Price Low Price Open Price
1.30 1.50 1.40 1.40 1.40
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores AUD AUD -3.38M AUD -0.0359 -0.39 1.32M
Last Trade Time Trade Type Trade Size Trade Price Currency
11:00:54 O 4,761 1.47 GBX

Europa Metals (EUZ) Latest News

Europa Metals (EUZ) Discussions and Chat

Europa Metals Forums and Chat

Date Time Title Posts
23/1/202413:11Europa metals and Toral 2020723
30/11/202313:02Europa Metals @ 3.5p are significantly undervalued326
23/11/202208:00Europa Metals at the UK Investor Show505
07/9/202107:53Europa Metals Ltd2,481
07/1/201919:33EUROPA METALS8

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Europa Metals (EUZ) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
10:00:551.474,76169.99O
07:40:131.455,17274.99O

Europa Metals (EUZ) Top Chat Posts

Top Posts
Posted at 26/4/2024 09:20 by Europa Metals Daily Update
Europa Metals Ltd is listed in the Gold Ores sector of the London Stock Exchange with ticker EUZ. The last closing price for Europa Metals was 1.40p.
Europa Metals currently has 94,167,190 shares in issue. The market capitalisation of Europa Metals is £1,318,341.
Europa Metals has a price to earnings ratio (PE ratio) of -0.39.
This morning EUZ shares opened at 1.40p
Posted at 20/10/2023 21:29 by z1co
Hey cretin there is a lot of difference between me and you.

First and foremost you have sold yours for a huge loss whilst i'm still buying at the moment.I have no intention to sell the shares and every intention to BUY more when the time is right.

Let Denarius complete the PEA and PFS then we'll see where the share price is.

Denarius will spend a minimum of $4,000,000 to develop Toral.
Posted at 20/10/2023 19:04 by z1co
Speco , i know that your a bit slow but come on you're not completely THICK.

The share price never got to 5p on the bid or offer.

I'm not done buying yet , the price has fallen and i will also more at these lower prices.

One good rns and these could easily multibag.

You'll still be begging outside your local Tesco express.

It's bad weather tonight so are you in the homeless shelter
Posted at 14/10/2023 09:09 by z1co
Unlike you lot i started to buy after the deal with Denarius Metals in November 2022.

I'm still buying at these low prices and my average is quite low and it will get even lower because i will buy more once they confirm their MLA has been submitted.

I'm very happy from the feedback i'm getting from Myles campion.

Like i have posted before we'll see where the share price is once they have completed their PFS which will also funded by Denarius.
Posted at 13/10/2023 23:47 by the manini
I certainly paid a higher price than today but laughing at that is the height of stupidity. When I got in the price had already fallen massively and I perceived (wrongly) that I was getting in at a point of value, I believed this wholeheartedly because they were about to deliver their scoping study and the market would finally see the value! Fast forward I don't know maybe somewhere around 6 years give or take and all they've managed to do is destroy value. You can see how the shareprice has been on a continual decline for over a decade, they were once trading at over 100 pounds a share. A a little think about that Zico, imagine hundreds if not thousands of traders and investors over the years all thought exactly the same as you, that they were getting in a fantastic value and they were sure to make a fortune! You yourself got in well above the current price and must be considerably under water by now. Today they sit at 2p after many consolidations with no sign of the price starting to buck the long term trend whatsoever. The mining licence APPLICATION is two months late, the shareholder engagement is zero and company promotion is zero. They have nothing to do despite talking of looking for another asset what? Two years ago? They still haven't found anything else to invest in and don't have any money even if they did! They recently announced a new broker / nomad didn't they? One who specialises in ipo's? Well for anyone invested in this company and it's pathetic history of decimating shareholder value that should strike fear in your heart because any further dilution here and we're all staring into the abyss you included Zico.
Posted at 21/9/2023 11:21 by spec7
Z1CO20 Sep '23 - 13:28 - 282 of 282
0 0 0
Have emailed the company regarding their failure in announcing regular news flow.
-------------------
Ha ha , people have been doing that for the last 10 years. Why do you think this is valued at 2p even after a 500/1 consolidation ?
There has never been any attempt to raise interest or even maintain interest in this let alone promote the company other than cheap deals to corporates that just collapsed the price for PI's
in any case be careful what you wish for, in my 10 years here i never saw a single bit of news that raised the share price even 5% for more than a day or so.
Take this marvellous deal with Denarius ? hows that done with the share price since it was signed ?
Posted at 20/9/2023 13:28 by z1co
Have emailed the company regarding their failure in announcing regular news flow.

The delay in completion of their MLA is having a negative effect on the share price.

The MLA was 95% complete on 04/08/2023 with just one environmental report outstanding,that was nearly 7 weeks ago and there has been no further news from the company.

According to their announcements the MLA should have been completed and submitted by 31/07/2023.Their failure to submit on time has caused the share price to fall.

The share price will recover and be a lot higher by the time they complete their pre-feasibility study,PFS
Posted at 23/7/2023 10:50 by z1co
Europa metals under it's previous name Ferrum Crescent acquired GoldQuest Iberica on 23/09/2016 which owned 100% of the Toral lead-zinc exploration project located in the province of León in Spain.

The company has been developing Toral for nearly 7 years and they are now very close to submitting a very substantial Mining License Application ( MLA ) hopefully by the end of this month.

Completion and submission of this substantial ( MLA )will be a very important milestone for the company.

This significant piece of news could well be the catalyst that starts to drive the share price higher.

Once the MLA is out of the way then they can start to complete Preliminary Economic Assessment ( PEA ) and then finally the Pre-Feasibility Study ( PFS ).

Not forgetting that in 2016 the share price was above £1.50.

Yes that's right above £1.50 and it's now a mere 2.60p
Posted at 02/4/2023 08:36 by z1co
You two are what they call mug punters , having LOST your wealth by buying these shares at prices in excess of 60p and you still have the cheek to give advice to others!

These shares will be significantly higher by 31/07/2023 when the company submits it's Mining Licensing application.

The share price will continue to rise higher as Denarius Metals develops Toral aggressively.

I'm posting this again for you two mugs to read:

Europa Metals Ltd’s proposed deal with Denarius highlights the potential for a significant value uplift at Toral
Europa has now got Toral onto a very firm footing, as conceptual and exploration work continues

Europa Metals Ltd -
The value gap is plain enough.

On the Aim market of the London Stock Exchange Europa Metals is valued at £2.6mln.

Yet, a recently proposed farm-in deal sets the valuation of the company’s Toral zinc asset at US$8mln.

What’s more, that farm-in deal, if it proceeds, means that dilution will no longer be a factor for Europa shareholders.

So, what’s with the discount?

There’s execution risk, of course.

The farm-in, with Canadian-listed Denarius, is still subject to due diligence, and if and when it does get signed off, there’s various phases to the earn-in.

On the other hand, with the pound continuing to test the patience of the currency markets, the gap between £2.6mln and US$4mln looks quite wide, especially since plenty of exploration upside still remains at Toral.

Furthermore, if Denarius does spend an initial US$4mln to take its stake to 51%, it will then be presented with the option to go to an 80% stake in Toral by paying US$2mln in hard cash to Europa.

All of which means that, even if that valuation gap seems fair, there’s a real floor to the Europa share price that wasn’t there before.

It’s not a bad position to be in as the markets move into a period of greater uncertainty, with metals prices weakening on continued covid fears in China and wider global economic woes.

But the Denarius deal hasn’t come out of nowhere.

Europa’s team, led by acting chief executive Myles Campion, have certainly been putting the hard yards in over the past couple of years, working up Toral to a point where a larger operator like Denarius could take a real interest.

A scoping study completed at the end of 2020 showed the project to have a net present value of US$150mln, and operated on the assumption that it would have a 12-year life.

The key development in that study over previous ones was the introduction of ore sorting as a way of making nearer-surface material economic. With that success in hand, Europa then went on to boost the indicated resource to 5.9mln tonnes at 7.1% zinc, and to follow that work up with two further holes drilled this year.

The aim is to use the results from those recent holes to boost the indicated resource still further, and allow the company to look ahead to a conversion to reserves. The signs so far are promising: the first hole returned an intercept of more than three metres at over 15% zinc equivalent. Results from the second hole are expected imminently.

So, it’s all heading in the right direction – to the point where Denarius are willing to come in and stump up an initial US$650,000 to fund a pre-feasibility study, with a view to following on with a further US$3.35mln earmarked for further drilling and an expansion of the project footprint.

The proposed pre-feasibility study should take around six months, according to Campion, and the work undertaken will also go towards an application for a mining licence.

“We aren’t the biggest deposit,” says Campion. “And we aren’t the highest grade, but indications are we have a nice sweet deposit in a great location, with the net present value being very positive and the internal rate of return is over 30%.”

That’s enough to be going on with, especially since the project may yet grow still further, and the economic uplift from ore-sorting could prove significant.

But with Denarius set to make more of the running at Toral, will that then free up Campion and the Europa team for other things?

Campion notes that the proposed deal is staged, so there’s unlikely to be any sudden announcements. On the other hand, though, projects do come across his desk and the company is actively looking at other assets. He isn’t specific about what his ideal project would look like, but he says it’s got to be in a “good jurisdiction.”

Does Spain qualify on that score?

People go back and forth on that question. But Toral is moving ahead, and Denarius hasn’t been afraid to double down there, since it already owns the Lomero Poyatos asset, in Huelva province to the south.

What’s more, Europa has a good Spanish team on hand, built up over time and eminently qualified on several levels. You could do worse that build value in Spain first, as Europa is doing, before casting your eyes up to broader horizons.
Posted at 07/3/2023 10:07 by z1co
mininginvestor

Your posts are always very bearish and bitter suggesting you are not a holder but some one who has lost a lot of money by buying the shares at a very high price.

mininginvestor 14 Dec '22 - 14:26 - 51 of 146(premium)
0 1 1
Z1Co maybe works for the company the Denarius deal has been valued by the market and the value is the share price 3.25p
No upside to shareholders
The value to shareholders is clear
Maybe £1.6m (possibly not certain) IF they ex option and if they spend 4m they need to raise the money and maybe there is value in minority % in the project
Any money made will go to fees not shareholders
Share price going no where soon


mininginvestor 11 Jan '23 - 09:26 - 94 of 146(premium)
0 0 1
EUZ in the dog house still has no support (apart from one bloke)
Great returns for investors (not) down some 90% (see 2 year chart)
Down 40% plus in 2022
Going no where fast buddy
Posted at 20/12/2022 12:52 by z1co
Absolutely clock patience is must with these junior mining companies and so is the timing.It takes many years for a junior mining company to get to the stage where it's poised to complete and present the Pre-Feasibility Study.

The PFS is the culmination of many years of hard work and many rounds of funding from investors.

EUZ share price is now poised to rerate aggressively in 2023.
Europa Metals share price data is direct from the London Stock Exchange

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