When it sinks in and the market recognises what we have to offer then we will see a shift north. I am hoping for 0.1 + and more. Exciting stuff to come like SLM news which come anytime. Tomorrow ? Also don't forget the OZ results should arrive this month or next. No worries with funding as it is done and dusted. Just look at some of the rubbish companies on AIM (wont name names) and they are in the poo and their share prices are like something 0.2 for example. Seeing our crap sp makes no sense. Undervalued and frustrating to put it mildly.
Well. From what I can see we have another conference Saturday. Initial response from first conference was good for about a day or so. If we can repeat saturday this it may work out. All we would need to do therefore is keep having two conferences a week every week then we might see some sustained longterm upside!!!!
Looks like ECR are slowly adding more meat on the bone with the presentation information. Results of the OZ resource are ' expected in May/June' so we could get one of the set of results within the next 5 weeks. SLM news could come any time , as if they are under an NDA on negotiations there will be no forewarning of any deal and it will come out of the blue. Funding for the exploration in Oz is already sorted and communicated in a previous RNS.
So no negatives on the horizon and much more information to come in the next month or two. With a Market Cap of only £2m there is plenty of scope for an upside here ....and any income generation confirmation will see a re-rate here and that possibility is on 2 fronts ...SLM & Oz.
Previously I have stated that Danglay would be the cash cow for ECR , but looking beyond the dumps and to the actual prospects in Oz it appears that ECR may have added a second string to the long-term bow.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.