Europa Metals Ltd

0.00 (0.0%)
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 0.0% 2.85 764 07:34:25
Bid Price Offer Price High Price Low Price Open Price
2.70 3.00 2.85 2.85 2.85
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Gold Ores 0.00 -2.46 -3.10 - 2.68
Last Trade Time Trade Type Trade Size Trade Price Currency
08:30:45 O 764 2.71 GBX

Europa Metals (EUZ) Latest News

Europa Metals (EUZ) Discussions and Chat

Europa Metals Forums and Chat

Date Time Title Posts
25/5/202309:05Europa Metals @ 3.5p are significantly undervalued209
16/4/202314:22Europa metals and Toral 2020637
23/11/202208:00Europa Metals at the UK Investor Show505
07/9/202107:53Europa Metals Ltd2,481
07/1/201919:33EUROPA METALS8

Add a New Thread

Europa Metals (EUZ) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type

Europa Metals (EUZ) Top Chat Posts

Top Posts
Posted at 12/4/2023 10:55 by z1co
Some trader with very little patience has sold 50,000 shares and the MM's gave him a generous price well above the bid.

The work regarding the company's substantial Mining License Application is progressing nicely and is on schedule to be completed and submitted by 31/07/2023.

Share price will rise strongly when they announce this very important news.

People selling their shares when the company is so close to this substantial news clearly shows that they do not want to make profits.

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 23/3/2023 20:53 by z1co
Contrary to what the losers on the other ( Spec7 and The Manini ) are posting the share price is poised to rise substantially over the months and years as Toral gets developed aggressively.

The initial $1.8m budget for 12 months period which will incorporate a comprehensive drilling programme and completion and submission of a Mining License Application ( MLA ) to the Junta of Castilla y León.

A drill campaign of approximately 7,000m is scheduled to commence by the end of this month with an initial single rig to be augmented with a second rig in April 2023. The programme will focus firstly on confirmatory drilling followed by a series of infill holes designed to corroborate the existing indicated resource estimate. The results will then be applied to commission an updated independent mineral resource estimate later in the year.

The sad and bitter looser's on the other thread were buying these at well above 50p to 60p in 2018 and in the case of spec7 he was buying before they even changed their name from Ferrum Crescent.

They are still very bitter and rightly so for loosing probably most of their wealth but they can't blame anyone it's their own fault.

These shares at just over 3p can potentially multi bag by 5 to 10 times or maybe even more than that over the next few years.

By the time they have completed and submitted their MLA the share price will have risen substantially from the current levels.

Posted at 07/3/2023 10:07 by z1co

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 25/2/2023 12:36 by z1co
Another worry free reason of holding the shares now is that the company having raised £580,000 at a price of 4.5p in November will NOT be doing any more placings.They are fully funded and Denarius Metals will be spending it's money to develop Toral further.

Denarius Metals will also pay Europa metals $2,000,000 as part of the deal.

The company only issued 12,888,888 new shares at the last placing being 13.87% of the company's enlarged issued share capital and at a 60% PREMIUM to closing price.

One of biggest reasons of how investors lose money on these small cap miners is that the companies constantly need funding and mostly at discounted prices.

They dilute your holdings and share price always falls to at or below the placing price

That will not happen to shareholders holding the shares in EUZ.

A big sigh of relief and hugely positive for the rerating of these shares.

Posted at 24/2/2023 10:38 by z1co
Even small buying is beginning to push the share price higher.

And yet It's only valued at £2.7m that's far too cheap considering WHI says it should be worth 11.7p and the farm in with Denarius Metals values the deal at 8.5p.

Lots of upside over the months and years.

Mining License Application to be completed and submitted by 31 July 2023.

The MLA is culmination of many years of work that includes geotechnical , metallurgical , hydrological and environmental before the MLA can be submitted.

This will be a major event and will be hugely positive for the share price.

Posted at 24/12/2022 19:42 by z1co
Spec7 and Steve psycho same person.

Steve psycho created by the idiot Spec7 on 15/12/2022 and has posted 4 times:


Europa metals and Toral 2020 - Post 574EUZ Europa Metals Ltd Steve psycho 24 Dec 2022 18:43 1
Steve psycho
Xmas dinner will be a packet of CRI5P's for old zico the psycho..;-)

Europa metals and Toral 2020 - Post 498EUZ Europa Metals Ltd Steve psycho 19 Dec 2022 11:37 1
Steve psycho
His post above confirms what you were saying spec7.. he is invested in EUZ waiting for a PFS and EUZ no longer own the asset ;-)

Europa metals and Toral 2020 - Post 468EUZ Europa Metals Ltd Steve psycho 15 Dec 2022 16:32 1 1
Steve psycho
Apologies to the regulars here. Zico's detractors are not confined to EUZ ;-) (thats a clue for you Zico)

Europa metals and Toral 2020 - Post 453EUZ Europa Metals Ltd Steve psycho 15 Dec 2022 12:25 2 1
Steve psycho
I take your point spec, how do you define 20%. I get that if you hold 20% of a listed company the parameter are defined and you hold 20% of the listed


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.

Posted at 14/12/2022 14:26 by mininginvestor
Z1Co maybe works for the company the Denarius deal has been valued by the market and the value is the share price 3.25pNo upside to shareholdersThe 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 projectAny money made will go to fees not shareholdersShare price going no where soon
Posted at 12/12/2022 11:14 by z1co
Bought another 50,000 this morning @ 3.287p taking my holding to 450,000 shares.I will continue to buy in the market until i have 1 million shares.

The shares are considerably undervalued,the Denarius deal values the shares at 8.5p that's more than 100% upside from the current share price of 3.25p.

Share price will be substantially higher in 6 to 12 months.

Europa Metals share price data is direct from the London Stock Exchange
Your Recent History
Europa Met..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

Log in to ADVFN
Register Now

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

Support: +44 (0) 203 8794 460 |

V: D: 20230530 14:07:20