TPI provides its latest research note on Europa Metals Limited (EUZ.L).

Europa has confirmed that it has now collated and submitted all relevant work to the Spanish Government Centre for the Development of Industrial Technology (‘CDTI’) in relation to its Stage 1 completion of the €0.47 million (the ‘Grant’) Innovation grant-loan for its 100%-owned Toral Pb/Zn/Ag project (‘Toral’, ‘the Project’) in north-west Spain.

Upon completion of a formal review process, the Europa Metals Innovation Partnership intends to draw down Stage 2 funds of €0.16 million, following which the Board looks forward to updating investors on the Toral Pre-Feasibility Study (‘PFS’) campaign (of which 3,000m of drilling has been completed so far) and other activities. Drilling operations on the ground continue to progress despite ongoing Pandemic complications, which demonstrates the benefit of comprehensive planning and a highly experienced on-site team.

Read More

We would draw your attention to the various disclaimers in the document both at the beginning and at the end of the note. Retail clients (as defined by the rules of the FCA) must not rely on the research document. In particular you should note that the research document is a non-independent marketing communication. The analyst who has prepared the research is aware that TPI provides research to Europa Metals Limited. Accordingly the research has not been prepared in accordance with legal requirements designed to promote the independence of investment research and is not subject to any prohibitions on dealing ahead of its dissemination.

The information in the document is published solely for information purposes and is not to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. The material contained in the document is general information intended for recipients who understand the risks associated with equity investment in smaller companies. It does not constitute a personal recommendation as defined by the FCA or take into account the particular investment objectives, financial situation or needs of individual investors nor provide any indication as to whether an investment, a course of action or the associated risks are suitable for the recipient.

Copyright © 2021 Turner Pope Investments (TPI) Limited, all rights reserved.

Linking Shareholders and Executives :Share Talk

If anyone reads this article found it useful, helpful? Then please subscribe or follow SHARE TALK on our Twitter page for future updates. Terms of Website Use All information is provided on an as-is basis. Where we allow Bloggers to publish articles on our platform please note these are not our opinions or views and we have no affiliation with the companies mentioned