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Still hearing Friday 18th from a couple of people that have contacts in oz. if so I’d imagine a nice rise building up to it.

Nothing confirmed yet. Not sure if they need to give a few days notice on the ASX IPO watch page as it still says TBA.

Short delay, can’t imagine it being far from now if it isn’t the 18th. Holding tight.

As long as it doesn’t affect the Rincon IPO deal and we still reap the benefits from that il stay on board

However it’s not something I’d ever look to invest in, the gambling sector.

Can’t see results before Christmas but not letting that get me down. 18p seems like the floor and at that, an absolute bargain. Il be adding to my position and if your invested long term, finances permitting, I’d suggest you do the same :) HOLD and add

Maybe let them know

https://www.lse.co.uk/SharePrice.asp?shareprice=WSBN&share=Wishbone

Jackie I wouldn’t purchase wishbone with your money, let alone mine!

Pump and dump. Without that £100 million spent by Newcrest, we’d have no chance of being valued anywhere close to £1billion

Expecting many placing for wishbone over the next 12 months

ECR imo is a far better bet than wishbone but DYOR. They’ve recently done another placing but look financial set to explore white mountain and red setter. There’s just something I don’t like about their board

ECR have two massive projects, making big moves on easy. JV imminent and drilling imminent on the other. Many multiples incoming.

Hearing rumours of Friday and somebody posted that’s the word from oz, but with nothing official yet, that looks unlikely to me

Still says TBA

https://www2.asx.com.au/listings/upcoming-floats-and-listings

Payday Tuesday, time to top up :D

Wishing the weekend away so I can add more ha

Just looked it up. He has 2.9 million shares. Always nice to have a CEO driven by his own personal allocation too.

Masssssive gains :D don’t want to jinx it but yeah I think everyone is excited here.
Does CB have an allocation of shares is it just CEO base salary type of contract.
Regardless I like how can he is about it all. Not afraid to say it how it is too. He knows what we have

Yeah 100%. One Step at a time and eventually these small steps will all combine and pull together. It’s a hobby for me, a side hussle if you like but one I’m taking extremely seriously and looking forward to building my investments in 2021

I was in
GGP
GUNS
ECR
OMI
EEE
WSBN

You name it I had it haha. Sold off EEE and WSBN to build up my favourite positions. Still waiting to see whether Gunsynd will be short term or a long term hold after the Rincon IPO

At current cold price, before AISC that’s £5,564,000,000 worth of gold. Crazy

Webb’s, from the middle of August - mid October the SP rose over 900%. 900%!!

How many extra shares were released ? Didn’t it equate to an extra 10% dillution. 187 million shares is nothing, especially when you have a strong JV in place. Drill results in January will spike this back up, I’m almost certain of it.

https://www.proactiveinvestors.co.uk/companies/amp/news/923110

Could watch this time and time again

Creswick - certainly has the potential to be a multi million ounce deposit

Blue moon - already into the hundreds of thousands

CB’s words. Dawning on me more and more the significance of the last few months, and the next few ahead. The JV at Creswick of life changing. With restrictions only being relaxed this week, I can’t see anything being announced until at least January. But make sure you’ve got your tickets because once this gets the go ahead and the ink has dried on the contract, it’s take off time.

These JV partners won’t be wasting any time. Straight to business.

That would be life changing if this was ever the case. You’d have potential multiples of those figures above

640 million shares is nothing. But that’s not what strikes me with ECR. It’s the current market cap. It’s so small, minimal has been factored in here and whilst we’re at the start of this journey, im more than
Happy with that.
I still work full time Monday - Friday and I’m early I’m my investment life but it has given me the opportunity to build up a couple hundred thousand shares here which I will be adding to indefinitely.

Yeah it’s an absolutely huge deposit over in Havieron. Just the initial MRE is around 4moz. 1/5 or 1/4 of their initial MRE and its take off time. The luxury here is that we have the safety net of not just 1 golden project, but 2

Judging from Orosur, Greatland and a couple of others I’ve seen this year, the JV partner always ends up with a chunkier percentage. Best case we retain 40%.

If we had a combined resource of 1 million ounces our share at

40%: £556,400,000
86p per share

35% £486,850,000
75p per share

30% £417,300,000
65p per share

25% £347,750,000
54p per share

But even then this isn’t taking into account AISC and associated financial costs of getting the gold out of the ground.

1 million is just a pie in the sky number. I’ve heared a number of interviews with different journalists and geologists stating we could potentially be sat on multi million ounces of mineralisation. For all we know, the combined amount could be far less than a million.

I’m sure Craig Brown is currently striking up the best deal possible for ECR and its shareholders regarding Creswick. He’s obviously not one to roll over and take the first low ball offer as we’ve seen with Bailleston.
We’re entering a news rich period now and it’s a journey we have to support every step of the way. Get that drill bit turning non stop and let’s bring that potential to life in 2021 :)

Price of gold per ounce today is £1391

£320 million\1391 = 230,000 ounces of gold.

But you need to take into consideration AISC and various other factors, also how much of the project we’d lose to the JV partner.

Once we have 5-6 months of drilling under our belts at both projects we’d get a clearer indication what is in the ground. A deposit or combined find of 400,000+ ounces and your well on your way to that special figure.

Nerves and excitement taking over.

Oilgasgold - definitely. We will be holding many bags from the current level.

The last thing I want for ECR to be is a “potential” company with a small market cap.

The biggest fundamental in allll of this above everything is what’s actually in the ground, and how much ? Can we get it out alone ? Highly doubtful. That’s where the JV partner comes in with the resources, finances and expertise to advance and see these projects through.

However, until we get to that stage, it’s up to ECR to spend its finances and time wisely and approach these projects in the best manner. They’ve certainly done that with Bailleston and put us right on track to begin a fantastic journey.

You’ll see money flock in here, and soon.

Greatland has grown tremendously since January. Mostly to do with the success of Havieron. I have no issues with them being valued over 1 billion. The MRE confirms the value in the project and it’s only just the start. Can see their share being double or maybe triple that.

Without comparing project for project, in terms of sp rise, I can see ECR doing something similar.

2 big projects. Bailleston with a history of recent drilling, and a drill now mobilised on site to prove it up even more, bringing in stronger offers.
DD currently ongoing at Creswick but with numerous interested parties, a JV is likely

A £320 million Market cap would equate to around a 50p share price. 16 times the current level

Has EcR really got the potential to have a market cap so high ? 100%. Drilling news and a JV at Creswick RNS IMO will send this into double figures.