It's a debt loan Cruckie which is paid back for by cash so no dilution. Equity loan is YA. Craig Brown the new FD achieved this at CNG obtaining debt finance before they went into production on a 5 million ounce resource. ECR are looking at going into production so he was brought in. The price goes down before it goes up, people sell at the bottom in every share..
I'm off fellas. It's 3pm here and dentists are still working so gonna get some more work done before footy tonight, been good throwing ideas around, but I'm holdingb with Flesheart, wrongly.or, rightly , time will tell. Later Frol.
flesh the only one that has no credibility is yourself, at least other people have the honesty to discuss the share and give their views. your endless ramping shows you have no knowledge of what is actually happening. and i hope England get humped as the press already has them winning tournament
The commodities market is at the bottom of its cycle!!! We are not the only share that has an mcap way below the value of its actual assets!!!! Gold price could go through the roof. If commodities follows the usual trend, the so will be unrecognisable in a year or two!! U bought in to wait for what appeared to be the news due at the end of this month. U are now selling your big holding off on the eve of this. U then come in here rubbishing this share... You have no credibility. Your investing appears to be driven by pure emotion!!! Remember, its money at the end of the day. You obviously have too much money otherwise you wouldn't pump a load of money in a share, get impatient and sell at a 25% loss because you couldn't wait a few weeks and saw the share price dip a bit!!! U remember what frol said the other day about these debt facilities? He is right. They sell sell sell and keep the sp artificially low and then as soon as they are gone, boom!
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