Aim is a gamble but not long ago ECR was recognised for being one of the best explorers... Pj leaving plus what seemed a very favourable YA finance deal were key factors in the down trend. But the buck stops with the CEO and the continuous evasive stance is why we are here today. Need a good shot in the arm if we can appoint the right CEO plus MGA will turn things around
Not to mention there was this troll deanwindass that kept posting here saying how this will keep dropping and is the worst investment ever blah blah and he was slated constantly for these posts mainly because he just said it without actual facts or evidence and was berated for it. However if I listen to him probably would of only lost 50% of my money instead of 97% now!
The sp is pretty much in no mans land at the mo and its hardly a surprise. I don't think anyone, maybe not even bod knows what direction we are going in. The immediate plan always seemed to be to get avoca moving asap. However, from yesterday's rns it seems there was no backup plan as they are now re-evaluating their position. For Christ's sake. Avoca will come. Do something with SLM or mga maybe???
I'm not surprised we qee up on the lows. I think its because SC is leaving. It gave an initial slight boost to sp and has maintained. It hasn't dropped below 0.06 cos basically nothing is priced in!!!!
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