Member Info for AD12

I thought the interview was positive.

The fact that CB specifically mentioned other projects in the region and their JV or sale prices, coupled with the fact that their grades were lower than ECR’s potential is a great sign. And he seems like a decent fella which is important for negotiations, don’t want someone too arrogant thinking they deserve more than they worth.

The funded for a year comment was very encouraging, but how can he be so sure of that? Is that because he is so sure a Creswick deal will happen? Or partly because any action there if having to go it alone will take place further than a year into the future?
And on Bailieston, it appears we are going it alone so this work would commence within this year time frame also? If so that’s a positive- it means that we will have gold coming out of the ground before any need for funding.
As a holder this gives me a fair bit of sanctity and with the right news flow, of which we were told to expect a fair bit going forward, this will hopefully be a steady journey up rather than the one day spikes a lot of people were hoping for

Nobody summarises better than you Gino. Beer sounds great!

So if we do get the JV with one of the big boys, is it usually a 50/50 split or do the usually try to get the bulk by doing most of the graft?

So what do you all think will class as good explorations results?
And as for the timing, august is well underway, I’m guessing when a CEO gives a time frame it’s something they have to act on so we can’t be far off now! We could see a nice spike up in the next couple of weeks after exploration news and then it’s just holding out for the Creswick news- we may even get more clues from this months RNS
Fingers crossed

Well we’ve been assured the drilling dates this month so can’t argue with that. One step at a time. Slow and steady would make for a lovely ride :)

Since posting on here I thought not to be lazy and did a bit of googling but your example reads better than anything I found. Thank you very much for explaining -
So can we find out when these warrants that are out there expire? I know there have been a couple of RNS’s related to them - has there been a deadline set which is why there is a big sell off? Or is it more that a 2p price is a great profit for those warrantees

If like you say these are large stake investors it will inevitably wobble the share price but with news inbound let’s hope some even bigger investors see the opportunity here! But I guess they wouldn’t want to get in just yet - I think you mentioned that in a previous post when you suggested news may not come until warrant issues are sorted (apologies if it wasn’t you that said this)
Thanks again

Thanks for that Gino- could I ask a very naive question as to how warrants work- new to trading and have been in ECR since 0.78 but have scaled in more significantly recently and then the. Eww of the warrants came which I will hold my hands up and admit I don’t know anything about them!

If someone can explain how/why warrants are granted and then how/when they are exercised I am sure there will be more than myself who would gain!

Appreciate it all, enjoying the discussions on this board and waiting for some drilling news shortly :)

Or is it more of a case where they can be exercised whenever ! in that case it’s not too far off people getting in early with a good base price to then sell on- either way hopeful of news shortly!

It’s fantastic that it’s held the 2p level despite all the cashing in at least - lots of easy top ups!
is there a deadline for the warrants to be cashed in?

Good start this morning. Where have you seen those numbers reported Kabaa?

thanks for that clarification - still a newbie learning the 'trade'!

its demoralising when you think you've built yourself a good position given the news and prospects, as well as the recent placing to be thrown back a couple of steps. I'll still be holding until we hear news on drilling and a JV but would rather have a more comfortable ride up than fearing near term fluctuations..guess it comes with the territory! Does anyone know what reasons might be behind this new placing?

Is this a new placing or part of the one just concluded?

small gains at the moment don't last long - i feel a lot of positivity on other projects is sold away from people who have become impatient with Amapa - I'm still in for that so lets hope for some news in the next few days

It is a good point - working it out im not a million miles away either and i would definitely not consider myself an investor of that size!

Can someone please tell me what this company offers that a bank loan Can’t. companies can currently get Plenty of capital for next to nothing with the current interest rate lows...or am I missing something?

Can someone please tell me when ORM last had a placing? struggling to find via RNS's
thanks

Apologies for taking this to basics - could someone tell me how invested the board are in ECR with their own shares?

The hype is justified in my very amateur opinion - but how can we be so sure of an imminent RNS? Why are people confident it will be within a week / 10 days?

After all the speculation yesterday, there are no updates from the court case?