Register
Login:
Share:
Email Facebook Twitter




ECR Minerals Share Chat (ECR)



Share Price: 0.018Bid: 0.016Ask: 0.02Change: 0.00 (0.00%)No Movement on Ecr Minerals
Spread: 0.004Spread as %: 25.00%Open: 0.018High: 0.018Low: 0.018Yesterday’s Close: 0.018


Share Discussion for ECR Minerals


Thread View

Please login or register to post a message on Share Chat.

Posts per page:


cruickie1
Posts: 807
Off Topic
Opinion:No Opinion
Price:0.018
RE: Mtr deal
Today 10:37
Yup Swifty,

My general consensus.

Thats why i took a hit and sold, lost £10k but still kept 20mil shares in the drawer labeled 'maybe'
 
swifty16
Posts: 778
Off Topic
Opinion:No Opinion
Price:0.018
RE: Mtr deal
Today 10:34
been saying the same thing for 3 months yet rampers shoot that down as being pessimistic, June /July or bust
cruickie1
Posts: 807
Off Topic
Opinion:No Opinion
Price:0.018
RE: Mtr deal
Today 10:28
Hi TS,

That makes sense to me July will be the make or break for ECR as i see.

My concern is YA and MTR, MTR is now on ASX and ECR's MGA would be a good progression for MTR.

YA leave then MTR enter as I'm sure PJ would not exercise anything if YA is involved, only my opinion.

I really don't know whats going to happen. lets see.
TalkingSense
Posts: 5,059
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.018
RE: Mtr deal
Today 10:18
Hi Cruikie,
The key piece of information is going to be the amount of income that will be generated by Avoca.
If that is a good number and ECR can secure finance against that future income then it will be a massive game changer here ....no more YA dilution or placings and future funding in place.

A sale or JV at SLM will have a similar impact.

Financing is the key to the future of the SP for ECR......continue to rely on YA and this will continue to slide as dilution will continue.......get financing sorted and then the SP should shoot up here as we become a producer and secure non-diluting financial security going forward to enable the development of Danglay which should be the long term cash cow.

July's updates will be key to the future of ECR.
cruickie1
Posts: 807
Off Topic
Opinion:No Opinion
Price:0.018
RE: Mtr deal
Today 09:14
Hi Nils,

Its all speculation i hope this does work out in the 'longterm' however this will be a tough year for ECR and i am being more of a pessimist.

How much funding does ECR have left until end of this year anyone any ideas?
Nils
Posts: 556
Off Topic
Opinion:No Opinion
Price:0.018
RE: Mtr deal
Today 09:11
even not the director(s) are loading up cruickie1 though we are at an all time low

dont know how to categorize that but i am still confident in SC and ECR

i see the potential and hope fo our MGA projects to add value through generating income in the short term

the SLM story is also hard to evaluate. talks are "advanced" and "ongoing" but als kept "confidential" even though we were told news to come early 2016. but unless not confirmed differently I hope the outcome of this silence will reveal a good JV and further income short to mid term.

danglay should go on very soon as depicted by the letter of the president of tiger international resources from last month and our RNS. It should arrive any day announced. through further exploration and maybe also the first open pit at daglay should generate additional income of which i expect to occur in the mid to long term.

our deal with MTR is possibly also good for being a game changer. it is still there and MTR has the option to jump in at 0.04 until 2018 if i remember correctly. both circumstances are positive for us and can add value but i fear this value will come first on the long term unlike for MTR but thats the business.

with that outlook and portfolio i would see our SP increasing successively in the following 3 years. that might fit in the scheme of our new financial director as SC gave a "tiny hint" in RNS in this regard. thats my interpretation but no guarantee of course

though i was hoping for this month to be *the month* for ECR i dont fear the next 3 years + for my investment. but it needs a long breath and patience.

but i invite SC to prove it all come in faster and better :)
TalkingSense
Posts: 5,059
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.018
SLM
Today 09:08
I think that no news is good news(ish).
If a deal was definitely off then they would have to release an RNS.

I can only presume that they are in an NDA period and therefore cannot update.....hopefully they are selling the whole thing and the delay is for negotiations & DD completion.

The famed ECR buses could be lining up in July/August for Baillieston, Avoca, new Oz licenses, SLM , Danglay license renewal and Danglay next steps (and maybe even a MTR introducer for MGA tax credit use)

Definitely going to be a lot busier on the news front !
cruickie1
Posts: 807
Off Topic
Opinion:No Opinion
Price:0.018
RE: Mtr deal
Today 08:47
I would say news will be towards the end of the year for all projects regards to fruition. example: Specifics.

If there is a good swing here in the next few months with news, confidence is growing and YA has left the building i may start loading up, until then i am here on the bare minimum.
swifty16
Posts: 778
Off Topic
Opinion:No Opinion
Price:0.018
RE: Mtr deal
Today 08:43
dont have to admit it to me as i got it wrong too, so our hopes are pinned on Avoca in July- If forms for Dangely were returned before 13th June i am sure that must be imminent . SLM is the worry , a lot spent news was due early 2016, we are about to enter the 3rd quarter. Surely this time news will be forthcoming and good, cant stand another month of delays
TalkingSense
Posts: 5,059
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.018
RE: Mtr deal
Today 08:37
Swifty, Yes, I'll admit to being wrong on this one.

The RNSs do state that the drilling and activities will be completed at Baillieston this month , but do not specifically state that the results will be published this month.




Share Price, Share Chat, Stock Market news at lse.co.uk
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at lse.co.uk






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.