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ECR Share Chat - RSS Feed

ECR Minerals Share Chat (ECR)



Share Price: 0.18Bid: 0.17Ask: 0.19Change: 0.00 (0.00%)No Movement on Ecr Minerals
Spread: 0.02Spread as %: 11.76%Open: 0.18High: 0.18Low: 0.175Yesterday’s Close: 0.18


Share Discussion for Ecr Minerals (ECR)


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Akrigas
Posts: 458
Off Topic
Opinion:Strong Buy
Price:0.24
Ticking over
13 Jan '15
Nicely now we should be knocking on the .30p door over the next few days at this rate lovely jubley and beyond thereafter jubley lovely.
 
Liquid_Gold
Posts: 2,545
Off Topic
Opinion:No Opinion
Price:0.24
View Thread (4)
RE: MGA
13 Jan '15
Mav - great added comments and let's agree to be pessimistic at £3.5m and anything over is added value

If that figure is realised and 1/2 our market cap shall we add 1/2 to the SP .36

But we know that cash in the bank is worth a operational fortune I read an article that real cash is worth 20% more to the holder as it buys deals at discounted rates because tyou can pay straight away

.36 + 20% = .43 ( just my Aussie fag packet calcs )
Mav2
Posts: 4,061
Off Topic
Opinion:No Opinion
Price:0.24
View Thread (4)
RE: MGA
13 Jan '15
That figure is not the value of how much the tax losses will be sold for it was the conservative value placed on MGA in the company accounts. It was around £3.5m I think though I would have to check back.
I spoke to Paul Johnson on the phone around the same time as that RNS he said it was thought they might be able to use around 30% of the tax losses. We now know that MGA can be sold with the 80m tax losses so I would think PJ will be going for around that 30% figure. The figure in the accounts is historic and not really relevant given what we now know about what can be done with MGA.
This has 15-20m market cap all over it in the short term.
nutsy2012
Posts: 90
Observation
Opinion:No Opinion
Price:0.24
Shortlist for takers of Tax Loss?
13 Jan '15
Has anybody published on here a list of the Aussie Companies who are in the frame to buy the tax loss? Would be very interesting to see if they have any producing assets they could potentially swap with ECR...
fishing
Posts: 1,851
Premium Chat Member
Off Topic
Opinion:Strong Buy
Price:0.24
Going up nice
13 Jan '15
Another sell later by ya this is looking great
nutsy2012
Posts: 90
Observation
Opinion:Strong Buy
Price:0.24
View Thread (4)
MGA
13 Jan '15
£2-3m seems awful cheap to me.. Would be disappointed if ECR accepted less than £5m for it.... It's got to be worth that as a minimum and if there is strong demand for it then we could see closer to £7-8m. Nice.
swimmer1
Posts: 8
Off Topic
Opinion:No Opinion
Price:0.24
View Thread (4)
RE: BoD request
13 Jan '15
Genius, love your post.
When you going on Holiday ?
Liquid_Gold
Posts: 2,545
Off Topic
Opinion:No Opinion
Price:0.24
View Thread (2)
RE: MGA
13 Jan '15
Ssocks - no value has been declared on MGA only its worth $A80m and has to go to a profitable Aussie business

JD - could ECR create a holding company is OZ whilst still owning ECR as a subsidy whilst RTO into MAC or TULLA ??
Liquid_Gold
Posts: 2,545
Off Topic
Opinion:Strong Buy
Price:0.24
Great day for YA
13 Jan '15
70m volume up 100% on yesterday but very controlled and calm with no drama

I'll take Todays rise thank you

Now just in case the newbies don't understand you will see a sell of at this stage on volume of 14m and probably after hours

This isn't a bad sign it's an unprecedented action by YA who are drip feeding their stock against our loan in to the market allowing no over hang

They are working with us and not against us

It's been an easy day with all the graphs looking good so another day closer to news

Spread 23/24 and great to see WINS smiling at us at .28
SutekhsSocks
Posts: 54
Off Topic
Opinion:Strong Buy
Price:0.24
View Thread (2)
MGA
13 Jan '15
Sell price for MGA is approx £2-3 million GBP. Thought I saw it mentioned in ECR RNS.





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