Member Info for AG1989

Lovely grades. Should see us hitting similiar very soon. The last drilling campaign felt very regimented. No nonsense or messing around, drilled, assays off to the labs, results!!

Will compliment the permitting nicely

I suppose it actually depends on the Volume being produced at Blue Mountain, and if it'll be a slow transition into production, like Raglan has been to discover the right areas

Awenpawen123 - If production delivers like we expect, it wont be all that long until we cover our own Market Cap valuation in Company Cash, or get close to it. If that is achieved, the SP (Should)rerate quite handsomely

I totally agree TS, and think it’s healthy to talk about what’s to come.

Do we believe Maddens will produce multiples of BM? It will be interesting, I’m just more excited about BM.

I think long term, the Maddens mine will become indispensable and will produce tens of thousands of ozs, starting in a couple of months, but I think it will take time. An estimated 2,500 oz from this next stage, (high grade) and we have 50% of that ? Take away mining costs, and the fact that they’ve had to spend A$1m to this part of the decline, and I can imagine similiar sums when they get to the other 5 mines. It’ll be money in the bank and more than worth while in the long term, I just think in the next 12-18 months it’ll be blue mountain that makes this company.

The test work at BM spoke for itself and a lot of it only 4 metres down. It’s a very nice problem to have and once both of these are in full production, we’ll be ready for production at Salt Bush and hopefully exploring the other assets more.

Can’t wait for a Raglan update and full production results. (MAJOR BREAKTHROUGH AT RAGLAN)

Can’t even see what Bailey is saying but it’ll be full of 🤣🤣🤣🤣 and references to his crush Talking Sense

Let him waste time writing that nonsense now. He’s filtered by more than half on here so it’s just wasted energy we don’t need to see any more and we can actually discuss ECR without these sabotages interfering.

Monday morning obsession

Blue mountain will change the game here imo, not maddens.

I believe maddens can be valuable and will provide the company with near term cash flow which exploration continues there, but think the ozs to come out of BM with dwarf Raglan and Maddens combined.

Shallow deposits, existing deposits (which will need further proving) and easy to access.

Even if your not wrong, is there really a big issue ?

If the company raise more funds in the future but begin to show promising production figures, that won’t bother me. Going down the small assett production route, it would always take time to transition, but eventually we’ll be self sustainable and can fund from within

The alternative is to drill and raise our assets in Victoria, drill and raise, drill and raise. Continued and endless dilution.

Bring on the Raglan express and Maddens.

It’ll go up once we get results from Raglan and Maddens. Don’t expect anything to happen until that point, but if all goes well, it should reward us nicely.

We are producing both nuggety Gold and fine Gold at raglan. The results will do the talking and the lessons gained can be implemented at Blue Mountain for better production and recovery.

Jinxed it

“Looks good doesn’t it”

“This is unbelievable”

Before a little excited chuckle to himself. Clearly delighted with what they see and why wouldn’t they be

It does make you wonder how much Gold was in that short video ?

At £3100/$4200/A$6100 per oz, there’s a lot of money in that alone. Looks quite a few oz to me, combined with the nuggets they’ve found to date, recovering this fine Gold as they are can really open a new pathway at Raglan.

Only took a little bit of good news for him to disappear. If that’s what it takes, hopefully he won’t be back for some time.

It’s starting to prove that Raglan has been and still is producing Gold, and operations are only ramping up from this point

To dial in the recovery the way they have, leaves them in a strong position when tackling Blue Mountain and future assets. Well worth a buy at this level.

Missed it sorry Chris. Just finished for lunch in work. If anybody has any highlights from it, I’d welcome them :)

I think they mean a production RNS of results, which the company are legally bound to disclose. This seems inevitable now and think we will receive a quarterly update with all production involved and a bigger picture of Raglan. Lots to come here.

Taking the time and being patient and getting the right people involved is paying dividends with Raglan. It’s not a dud, it’s clearly producing Gold. We just have to give the company time to showcase the entirety of Raglan.

Not judging them or smacking them down because they’ve not instantly released results or just dug wherever and processed.

Fantastic update and plenty more to come.

X post. If somebody can share the link. I copied from the APP. and a nice little video of the gold recovery too

#ECR 🚨 Major Breakthrough At Raglan 🚨

The team has delivered the strongest results to date from the Raglan concentrator following a sustained programme of optimisation and plant improvements throughout May and into June.

Importantly, ECR has benefited from the expertise of a 30+ year alluvial #gold veteran who has been working alongside the site team, helping identify key improvements to the recovery circuit.

The result? Gold recovery is now performing at levels we've been working hard to achieve.

The results are highly encouraging, and after months of learning, refining and optimising, this week is a significant step forward!

🎥 Latest footage from site below ⬇️⬇️

Further updates to follow ...

#ECR #Gold #Mining #Australia 

Thanks for that David. Nice to know Blue Mountain will be all but ready to go and operations to commence once the permit comes through.

I’d love Nick to speak more about Blue Mountain and expectations there. The size and apparent ozs available seem to dwarf Raglan. Plenty of time now to get these plans in order and hit the ground running.

Very positive interview and a reinforcement they are producing at Raglan. Would not be spending the type of money they are on Surveys and geologists if they believed it was a “dead duck”

Plenty to look forward to here. GLA

Just the four threads started by Coco this morning. He must be cutting back