coming up to 500 days (after the spike) of continual ramping has seen this drop 0.7 to 0.15. I would say "maybe the wrong career choice?". The one day there is a substantial rise, a few will extol their predictions and revel in their magnificence. 500 days of getting it wrong and one day of getting it right. Even politicians work to a better ratio.
So in short we have 3,588.061,517 shares in issue and $1,235,712 of debt and a reminder that intrest is being paid via shares allocation. Next RNS the outcome of the AGM next Tuesday probably. Anyone going? I would but I have a day job to attend.
He he. No sh%t! It won't work here because of the fundamental fact you are missing. Despite lots of prospects, none of them are yet fully realised and therefore not factored in the sp! Its so bloody obvious but it won't be long now. Hopefully we will see a big fat RNS and you can crawl back under your stone. Besides I think we see a balance between ramping and discussion of potentially high value prospects. As far as I am concerned, if lse were to ban anybody to talk about the positive financial aspects of shares in case it were perceived as ramping, this board would be filled with doom merchants and empty vessels making a lot of noise.
Stephen Clayson, Chief Executive Officer of ECR, commented:
“The appeal of the SLM project has always lain in the idea of relatively near term production from small deposits, and Maestro Agüero appears to be shaping up as the most likely starting point, although there is no certainty at present that the prospect is a viable mining target. However, the planned bulk sampling is expected to significantly improve our understanding of its potential. As with all our activities, ECR’s approach to the SLM project remains one of staged investment intended to ensure that value for money is obtained from expenditure.”
The contents of this announcement have been reviewed by Richard Watts B.Eng. Mining, Technical Director of ECR. Richard Watts is a Fellow of the South African Institute of Mining & Metallurgy with more than 40 years of experience in the mining industry.
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