SP ~ Indeed a no brainer and royalities can only be the obstacle and raising funds for minimal expenditure for ECR's preparation is covered with YA fully funding us
A lot of posters here don't realise it was Clayson who landed the YA Loan deal and this guy shouldnt be under estimated and he quite rightly said in the recent interview he will take his time to do whats best for ECR.
Bulk sampling grades are very important at this stage
. Extraction of ore from any of Ochre’s licence areas and the development of any processing facility by Ochre would be subject to the necessary permits, including environmental permits, being obtained. No such permits have yet been applied for." so SLM not worth applying for extraction or processing licences but limited bulk sampling by Esperanza might turn a small profit. Itogon needed to be huge. it doesn't look like it is. I wouldn't buy into ECR unless gold went to $3,000 an ounce
Why would I buy more? Because 0.007/8p would bring my average down to around 0.16p I think this sp is achievable, cost to me of £2k. Every dog has its day in the sun, and so will ecr. The recent rns wasn't actually earth shattering, and the grades nothing outstanding, so now you know. I won't rearrange your bb name I'll leave that to the more juvenile members!
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