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Such a long and fine list TS!
So much to come....
….managining expectations … “so anticipated very soon”
By the way, this is you 22 June last year Nicepair, did I get this right? So it begs the question, why are you still here?! If you can't say something positive about your investment, don't bother, that's if you are even invested, which seems highly unlikely given the below attitude. Filtered.
"I can only agree with the so called derampers on this post . If I could argue with their comments about ECR and their lack of progress in well over a decade then I would. But let's face it , this company has been woefully mismanaged by all and sundry .In 15 years they have failed to deliver ON ANY of their promises , whilst taking a kings ransom in wages and spending investors money like confetti .That isn't a de ramp , it is actually what has happened .And the only NAYSAYER that really tells the truth here is the SP .You cannot keep getting away with blatant deception forever .In time the well meaning investors will bail out , and that is exactly what has happened .God only knows how this company has got away with it for so long .And the fact that none of the hierarchy is buying shares at this so called " bargain price " , does really sum up this debacle perfectly. Utterly scandalous performance for well over a decade . I believe the faithful are just hanging on now to get some of their money back .This company owes the investors big time but just keeps taking from them .Its outrageous, but strangely, legal ."
Nicepair, no need to criticize, people can see from themselves from the chart above, but yes, it was 29 December 2020, and I will correct myself, in that it was during covid! Thanks for being so gracious about it (NOT)!
Forgot to add to the list potential news:
*Planned activity at Baillieston in Victoria
*Confirmation of license granting and potential planned activity at our new Kondaparinga (KP) license in Queensland which is adjacent to the Hurricane project that we declined a partnership in last year (would have been a cost of c£6m I believe to have signed up to that one)
Slowly but surely dara
Good to see that you have cheered up mentalmax !!!
First target 1p surely considering the pipeline & POG.
Fab summary TalkingSense, and good to see you make mention of lithium :)
So, what do we have to look forward to in the near /medium term:
* Full bag re-testing of this week's excellent NEAR SURFACE drilling results which showed good grades at width and potential commerciality.
* Drill results for the final two holes at Kuboid Hill.
* Antimony testing of previous drilling
* An update on Blue Mountain (alluded to by Doc in recent interview) - we've heard nothing about BM since the deal was done.
* More details of the drilling programme planned at Tambo.
* Details of the sampling, trenching and drilling plan for gold at Lolworth (following up on the excellent sampling results from last autumn/winter that the market seemed to miss).
* Details of further exploration for Lithium, Niobium and other REEs at Lolworth.
* Next plans for drilling at Creswick
* Planning permission granting at Creswick property and hopefully a sale.
* Potential disposal/monetisation of the a$73m MGA tax credit.
* Potential JV?
So plenty of potential newsflow over the coming weeks/months and many "game changer" possibilities.
Just bought a few more at .3368 to help us inch our way forward :)
4.2 was due to the market believing Creswick was about to hit a JV (and possibly assuming blue moon was commercial) - no reason it can’t attract that sort of attention now if it’s starting to show more economic grades/widths near surface.
4.2p again a reality as before covid. This is bargain basement at present and a real opportunity to be in at the ground floor.
Remember, this was 4.25p on Dec 29th 2020, just before covid struck!
Oiland if they r crap results why are u here then still ROFL - a short in action perhaps ROFL
What did I warn you about?...sh*t results being confidently sold as good results
they really have no shame, how can they keep a straight face when they type these RNSS
These are NOT good results, I repeat, they are NOT good results. they arent eveb 'promising'. Ask any mining geologist and they will say the same.
According to ECR, almost every assay they have done in the last 4 years have been 'good' or 'promising' but why are they nowhere close to a resource?
Watch out everyone!
"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.
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 😉
In fairness Doc was known for his social media shenanigans not mining expertise Ti, I was shocked at his appointment also. He talks a good talk but let’s see if he walks the walk and turns the Co commercial.