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That is great news - I was surprised at your excitement of a drill purchase but I now see why that is so significant!
So with a Creswick JV, sorry to bring it back to that, even if agreed, we would still be waiting on license approval? Or do we have any already approved / cab they be sped up with such a big powerhouse on board?
Thanks again
Let’s put JV to aside for now-
Can someone tell me the process of making money from a gold mine -
1) we need a license approved first - are we waiting on approval for all sites or are we good to go on any?
2) we explore / drill to get samples
3) we decide on a proper drilling program over a specific site
4) we sell the gold?
I know this is incredibly simplified and some the processes will overlap so any more info about the process would be appreciated, first time investing in AIM and a mining company
Look forward to learning more :)
Looks like the reliable members of this board called it right once again! Hope those that traded have got back in, no need to take too many risks with the medium / long term looking so promising
Doesn’t look like there are many blue stocks out there today! I think there will be plenty of cash knocking about in investment portfolios ready to pounce on company’s like this one soon :)
Agree TS but surprised he would go to these lengths, let’s see
Also surprised you’re in for a trade with it! Good luck but I will hold
Whatever happens it’s another great opp to offload some warrants if there are still some before we start a new week
Didn’t expect such excitement on full Friday afternoon :)
Wonder where Gino is at
https://www.bloomberg.com/press-releases/2019-05-14/ecr-ecr-minerals-plc-mercator-gold-australia-pty-limited-tax-update
Some money coming in but that’s the only news I can see so far ...
Will we get any news about warrants? I would assume not since they can be exercised for quite some time, if just depends whether or not the holders decide to keep them for future news or not?
It will be more a case of them drying up as looks like slowly is the case as there has been enough selling opportunity ?
Hi Gino,
Thanks for the excellent warrant summary the other day, I’m learning on the job so great to have a very helpful forum
Do you know if there is a date attached to the exercise of all these warrants and if we have any idea of when that might be?
Cheers