That's it T Sense. With the new Aus projects, Dangley and SLM, currently valuing the assets around Â£3.6 million. Just opinion from current data available making the current sp 50% discount. The rise in share price to come off the back of the Aus results and SLM mou.
SLm (Argentina) is subject to negotiations at the moment, and in th presentation pack this week it was listed as a potential JV. However SC has recently stated that SLM is not one of ECRs 'core' projects and everything has it's price so it would not be a massive surprise if the JV did actually end up being a sell.
Danglay & the recently acquired Australian prospects are not looking to be sold in the near future. ECR is fortunate that it has $millions it can call upon from an already agreed financing agreement and so is in a good negotiating position should interest come in for any of it's assets.
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