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Daramuda/ Notrex/ Rx dav ... Try not to get too stressed out about your situation .I know the sp is in the doldrums again but don't worry .Try to move on with your life and console yourself with the fact that some of us got out in time .Not you mind , but then again , youre an idiot so you wouldn't have , now would you ? Ha ha ha .
Tamer investor ... Carry on with your make believe rhetoric. You are the master of the fantasy existence little man . Stand By Your Beds lads .Here comes another placing .Lmao .
"They can't pay the bills with shares. At some point they will need to cash them in for, well, cash. So the higher the price the more they get for their shares" There's no flies on Sausage, he knows his onions.
M0neyMan - don't waste your time on Nicepair who has morphed from Notrex and rxdav - a very unhappy and sanctimonious prat. Upon reading this post he will insult me, which insult I will ignore.
……Nicepair 🤡…..gets another spanking 😂😂😂
Moneyman ..." Now what " ? Lol .Well for someone who berates another for spending too much time on this board , you seem to be doing that yourself .Thanks for following my posts and taking such a keen interest in me ." Now what " , you say ? Well , since youre asking , have you considered going to adult education classes ? Learning how to read and write may perhaps assist you going forward ?
You seem very worked up. You probably have too much time on your hands and are obviously a better typer than me who really gives his all, making sure spelling and grammar is top notch. Well done to you. Now what?
Moneyman / imbecile , Did you not attend school at all Walter mitty ? One of your sentences reads .... " Anyway I invest so I'm on here but you " .
Sentence composition of this standard clearly shows you to be , quite simply , " Backward " . Or was that a typo too , ? You illiterate fool . Try not to get too worked up old boy , it's probably not your fault . And buying in the low .20s eh ? And Selling a lot higher eh ? How clever are you ? Lol .We believe you , course we do .With a name like " Moneyman " , how could you possibly fail eh Walter ? You're evidently one of those sad individuals who just makes stories up as he goes along too .You mentioned last week that this price would spike too , lol .I see no evidence of that .You go back to your little fantasy world and keep trying to convince yourself that you aren't underwater , and then tell us what a success you are .Lol . I'm sure it's all true .And if , little man , you're ever thinking of changing your pseudonym, ( you will have to look that up as you're evidently of sub normal intelligence ) .Why not try using the name , " Les Pretend " .Lmao .
……. https://x.com/dds_docholiday/status/1769638844477907151?s=46
Nicepair - Your don’t retain information easily do you. I am not at a loss here as I bought in the low .20’s. Did I say all my investments have been a success? Anyway I invest so I am on here but you!? Anyway it seems you have taken it to heart and made up a whole new story of my apparent loses here and you are getting fixated on pointing out typo’s. Bit sad really - bless ya. Yes ya is not a word either. If you spot any other spelling mistakes, let me know please.
*that
Ah in the case ok.
😉
……..they have to release an RNS to inform the market that they are selling, any amount 😉
Just as we’re discussing share incentives.. correct me if I’m wrong but how do we know these shares are actually being accumulated? IE what’s to stop them being sold into the market under the radar a week later for cash? Is there a running accumulative total share holders can see? I mean I don’t really care, but they make a big deal out of it being an altruistic ‘in it together’ thing so just wondered.
AUSSIE GOLD HUNTERS better bet to find gold of value
Moneyman / Warren Buffet .... Yes , every single investment I have ever been in has tanked .And every one that you have been in has been a roaring success . Lol You seem to spend a lot of time here yourself recently, inbetween Wayn - King I expect ? And by the way ....there's no such a word as " MEEP " , so you're also stupid , as well as a failed investor .I pulled out of AIM in spring 2021 as I sussed out that all the free covid money had dried up , and companies right across the board were tanking .I made good profits in 2020 .Unlike you who is stuck underwater here , and in other companies too , desperate to recoup your losses .I took the money when i saw the slide , you didnt .That makes me smart , and it evidently makes you an illiterate loser .Not turning out to be your day is it ? Ps , I think I would perhaps consider changing my name from " MONEYMAN " .As you've not really got any ! Lmao .
Yes let’s not kid ourselves RE the share thing. Yes it’s a nice gesture to start with but as we all know shares are magic beans until sold and we all have bills to pay!
Who will be humiliated?
They have said success is dictated by what is in the ground,
They can't pay the bills with shares. At some point they will need to cash them in for, well, cash. So the higher the price the more they get for their shares.
"Remember, what you are looking for is DEPTH. NOt shallow mediocre grades." You learn something new everyday, well I'm glad you dropped in.
Morning Oiland,
They don't have to 'ramp' the company to get their salaries paid as they are paid in shares.
I believe Doc has business experience including (from memory) fund raising for a drilling programme, I think in the med .
Nick Tulloch who came to the company with Doc also has a wealth of business experience
Since they have come to the company they have sorted out the funding issue with ECR fully funded for G&A and all exploration activity for 2024, completed two drilling campaigns in Creswick (awaiting results on Kuboid Hill), accelerated the sampling programme at Lolworth with excellent initial results, stopped the overpriced Hurricane 'merger' and got the Kondaparinga license which is adjacent to Hurricane, and outlined the exploration plan for this year including another two drilling campaigns, sampling, activity at Tambo, trenching at Lolworth and a number of other activities.
They've also sought advice on monetising the tax credit ECR (MGA) hold, got planning permission to increase the saleability /value of the remaining property and increase the SP from the low 0.2s to in the 0.3s where we now sit.
So not a lifestyle company sitting on their hand , but a fully active company whose BOD is aligned with shareholders and with many 'game changing' possibilities on a number of fronts.
Salaries Being Paid In Shares Oiland ….
…….to be fair they have brought in a third party tax consultant/expert to sort out the MGA tax loss that looks like it COULD be a goer 😉
………to be fair we are waiting for results from Kuboid Hill that COULD be better than that 40g/t
…….to be fair to Doc eh! Mental, since joining ECR has 2 exploration drills under his belt’ one of the resulting in 40g/t …. To be fair 😉