Member Info for AG1989

What’s with all the “🤣🤣🤣🤣”

It’s like being in a WhatsApp chat with my Year 7 son

Yeah I think the distinction between where they was a couple of years ago, to where they are now, is my investment case (regardless of the MCAP).

2 years ago we wasn’t in a position where we were within touching distance of production on multiples assets, all bringing in revenue. That’s the key

Sorry to hear bud.

Understandable, like previously stated mine are in my pension so can sit on them for a long time.

That said, let’s hope for a swift and quick resolution for all shareholders here. It’s held pretty welll all considering

Good to know 👍🏻

So its a Duster, but they're going to Ramp up operations at Raglan, keep the 60 TPH Wash plant there and only use the 10 TPH wash plant at Blue Mountain? Got it

Positive update from the Company, and movement on numerous fronts (More importantly, Movement that will help us deliver Revenue within 12 months on 3 Assets)

3 new threads started in 40 minutes Coco. Congrats on your new record.

Great update

100% HarChris

Blue Mountain mining Lease was always set to be concluded this year - as stated in today’s update

Nice try Cocopops

#ECR - Update on proposed Paleogold Transactions to establish multi-project gold portfolio, advancing towards production and nearer-term newsflow

✅ Underground development advancing at Maddens with production targeted nearer term alongside near-mine exploration programme

✅ Strong operational momentum expected across a 10-project, multi-state Australian gold portfolio

✅ Raglan ramping up to increased-scale mining following successful optimisation work

✅ Nearer-term gold production updates expected from Raglan & Maddens

✅ Blue Mountain mining lease application progressing well with clear pathway to production

✅ Exploration & development activity ongoing across Lolworth, Creswick, Bailieston & Tambo

✅ Positioned to benefit from strong gold prices in a Tier-1 mining jurisdiction

"ECR will be entering a new phase - one defined by execution, production and growth - and we look forward to updating shareholders regularly as we deliver on that strategy."

#gold #goldmine #australia

read: irtools.co.uk/12/story/3631b…

Toubani ended 17% down

A statement would be great. Just need to hope for a beneficial outcome and a smooth transition into the future.

Do you also agree with the latest broker note which targets 0.68p? I agree on that

Big difference to when we were close to £10m MCAP last time out, we never had none of the ingredients to push us on. Blue Mountain has been getting worked over for years, which brings us to 2026 when the company feel confident in processing there. Raglan is ready to go and other assets, work is underway so we can produce within 3 months. We’ve never had this before.

We’ve had stagnant assets, trying to define a larger resource deep below the ground, the direction of the company has changed, and quite dramatically, some need to understand that.

And chesh, I agree however once Raglan gets going, and onto phase 2, let’s not rob Peter to pay Paul. Get BM its own unique wash plant (it doesn’t have to be brand new) and you’ll be producing on 2 fronts, with better production figures. We do have these other wash plants so we can get by 🙏, it’s just an additional investment I wouldn’t be opposed to. Good problems to have though.

TS, at BM would it be worth in investing in a higher output plant ? Especially when you’re talking about such grades. The rewards alone will soon pay for itself.

Yeah to make this entire process worth while, it does have to grow and expand beyond Raglan. That’s why the recent acquisition is starting to make more and more sense. Especially with the prospect of BM, it’s primed very well.

They’ve kind of set targets by the end of 2026 on multiple fronts, so they’ll have to deliver, which I’m confident they will

You called it mate, 13p

1/x We have followed a very similar playbook to $TRE.AX here, and see a similar timeline to permitting as Toubani.

On that basis, Sanankoro would be pouring first gold in December 2027.

This coming from Eagle Eyes Aryann Gupta, the company who have financed us $120m

A first gold pour of Dec 27 suggests the permitting is very, very close. Similiar to when they agreed financing with Toubani and what happened next.

2 months

With new assets and a complete 180 change in your business approach, you can’t base your future predictions off the work that has happened in the past 20 years.

Nick has repeatedly stated that the approach is different and targeting production. Il have more of an idea by the end of 2026 where this is at, but to get a greater picture, it’ll be towards the end of 2027 and beyond.

We’re cashed up until the end of this year, with multiple lines of revenue possible before that time comes. Took another 2m today and in 3-5 years, I’ll expecting multiples of the recent MCAP.

I’ve been looking for years to find an appealing Company, based in Alluvial Gold mining and more simplistic stripping operations down to pay dirt, ECR has arrived at the right time.

That’s a brilliant presentation

- 6,000 oz at 22g/t at Maddens flat which will be mined in 3 months

- Estimated 10,000 oz+ at Salt bush mines next year

- 1,000 estimated in phase 1 Raglan

- how much is predicted at Blue mountain ?

Potential for 4-5 producing assets within the next 12 months running at the same time. You don’t need a blockbusting 2Moz deposit to make it here. Gold is on our side and we have multiple assets with the infrastructure to mine. Like others have said, no more acquisitions for now, get these running and generating revenue and go from there. The tiny MCAP makes this even more of a no brainer right now.

HarChris - that’s a very good point. Newsflow from multiple directions, multiple operations and Golden prospective ground we couldn’t get through in 2 lifetimes.

Adding high grade underground mining to the portfolio is a nice touch. Raglan and blue mountain is very accessible and should be generating revenue in 2026

I also hope this is the end of the shopping spree. They’ve got more than enough to keep themselves, and us, occupied.

As an investor here, what’s happened in the past 5-10 years and beyond becomes irrelevant for me (apart from the fact the company can benefit from the previous losses)

It’s been stated in numerous interviews by Nick, the company is going in entirely different direction than years gone by. The days of raising money, drilling deep holes, raising more money, drilling again to find next to nothing, those days are over.

They’re strategically lining up assets, ready made assets and infrastructure that can produce gold in 2026 and beyond for many years to come. Once the revenue comes in, the value of this company will go up, and by some bit. I have these shares in a pension so I’m in no rush and today’s share price means nothing to me.