You are right, past BoD’s have behaved disgracefully when delivering value (or lack thereof) for shareholders here and the current BoD can only truly be judged when they deliver value for shareholders.
For me, they will be judged when they have added value to my investment, simple as that, no real need to put an arbitrary value on the share price to be judged however, value to me will be a different value for other holders.
I think investors should remember we have a core drill about to land at the Andrews project on Themac. The announced of the drill program and commencement from work beginning can't be to far away now. Thats one to keep an eye on and should be very very soon. Markets like drilling campaigns with potential. Next big news to come out of Themac for me.
You are right tot be fair mate. The BOD can't get credit yet. I think to give them credit if it gets to 2p is a little harsh. Ill give them credit when they sit on a 50% profit on the stock they have for themselves.
I would agree that there is a lots of long termer PI’s out there, some with very high averages and would also agree that that will allow this to push higher with the lack of liquidity and these long termer PI’s holding on to their shares (let’s be honest some have probably forgotten about their stake in ECR).
Paul Johnson (the Chairman of ECR not the silver tongue wordsmith devil on this BB) said it himself in an RNS lately that ECR benefits from having a level of support from PI’s that is unusual for AIM companies like ECR. Let us hope this pushes the share price higher.
It's one of the advantages of getting in at these levels, that there are so many long terms who won't be selling come what may until both Mercator and themac and now possibly itogon have released their value. Unusually for a company with 1000m shares liquidity is quite tight and will likely be tight until at least .5
It will pay off mate. You should be in the blue sooner than you might let yourself believe. Coming together now nice. You'll be in profit here within 2 months easy. Probably a nice profit at that. I think there is a lot of stock being held above the 1p levels. Thats a good thing :)
I have them down for 30mil sold since the 9th myself. So now under 3% imo. RNS in the next 5 hours - 2days to confirm.
Got through 0.18p which is great. Roll on 0.25p lets hold today and start to motor again this week. Maybe a breather tomorrow but this will finish this level or higher this week. IMO each day that goes by without an RNS the better, give the SP time to build. Every chance we can get to 0.25p without news and maybe better. Starting to eye up 0.38p as next target after 0.25p now we are through 0.18p.
Datafeed and UK data supplied by NETbuilder and Interactive Data.
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.