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ECR Minerals Share Chat (ECR)



Share Price: 0.23Bid: 0.22Ask: 0.24Change: 0.00 (0.00%)No Movement on Ecr Minerals
Spread: 0.02Spread as %: 9.09%Open: 0.23High: 0.23Low: 0.23Yesterday’s Close: 0.23


Share Discussion for Ecr Minerals (ECR)


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xananthar
Posts: 42
Off Topic
Opinion:No Opinion
Price:0.27
View Thread (3)
aaaarrrrggghhhh
15 Jul '14
same old pattern, reasonable rise up to the news, RNS out and we slide back down again.
i`d say it was depressing to watch but its quite predictable so i have long since given up hoping that one of these announcements will boost the SP to a sensible level.
been in this share over 9 months now and its hard not to be downbeat about it watching the SP stagnate around the mid to low 20s
still hoping for something transformational but christ, its bloody frustrating seeing all this unrealised potential.
cmon BOD ... deliver a knockout blow.
 
johnsp
Posts: 969
Off Topic
Opinion:No Opinion
Price:0.28
try buying volume
15 Jul '14
tdw don't want to sell
linandy1
Posts: 916
Off Topic
Opinion:No Opinion
Price:0.28
d200
15 Jul '14
was thinking the same surely ecr would be on radar of bigger company in australia
margic21
Posts: 4,816
Off Topic
Opinion:No Opinion
Price:0.28
I think ECR should be looking
15 Jul '14
For a project that's profitable and needs to re-invest into the mine to increase production levels and take a phat percentage. It's like a lender/investment into a project. I'm expecting big things.
margic21
Posts: 4,816
Off Topic
Opinion:No Opinion
Price:0.28
Circa £13mil is equivalent
15 Jul '14
Tax value. Not what it's worth IMO. That saving will get ECR into a project with a higher longer term value. ECR got I to itogen for around £1mil. Imagine what can be done when you have circa £13 mil to be used as negotiating money. This will end up much much bigger than £13mil.
nightyard
Posts: 386
Observation
Opinion:No Opinion
Price:0.28
retrace
15 Jul '14
its holding up better then I expected, was expecting a 20% retrace but it is still early.
still holding here for real value GL all
d200
Posts: 673
Off Topic
Opinion:No Opinion
Price:0.26
View Thread (2)
RE: It's in the detail
15 Jul '14
i think ecr should be looking at a small and currently profitable organisation to take over themselves to utilise the loss as long as this is within the rules
Liquid_Gold
Posts: 323
Off Topic
Opinion:No Opinion
Price:0.26
View Thread (2)
It's in the detail
15 Jul '14
Analysis to confirm MGA’s tax loss position as at 30 June 2013 and 30 June 2014 is in progress (30 June being MGA’s financial year-end). The Company considers that at the present time, MGA is in compliance with the continuity of ownership test.

Creditors meeting is a success and a major step forward which I posted yesterday was a formality but happy it's been approved and made official and the utilisation is now something to look forward to.

The struggle you have here is holders wanting the spike on this news to take profit or exit altogether whilst myself and long term holders will see today's news as another on time RNS and being more important than what comes after it.

The ECR BOD will have a strategic route to market with this and now they've been given the green light.

If the creditors meeting hadn't of been approved then that would of been a problem.

Procedure will be for final dividends to be paid out and then the case is closed and MGA will exit administration and allow ECR to then peruse the use of the tax losses.

Another major hurdle overcome and I look forward to further operational updates at SLM and Itogon later this month

Have a good day
MrLovebucket
Posts: 961
Off Topic
Opinion:No Opinion
Price:0.26
View Thread (5)
RE: i
15 Jul '14
thanks mate hope alls well with the ecr crew.
busymumof3
Posts: 2,799
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.26
anton
15 Jul '14
Not to bad Hun, how are you keeping xx



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