Member Info for AIMinvestor22

So back in July RNS, mining couldn’t commence as it was subject to the outcome of the study. What’s changed that allows them to start mining beforehand?🤔

“The Company anticipates it will be able to restart production at Tesoro and initiate production at Morrocota approximately two months after completion of the mine plan, subject to the outcome of the study and engagement of a contract mining firm.”

What are you on about now 😂😂 losing the plot

Ferring - you’re well off the mark. You obviously weren’t here when Helx entered the Echo forum 🙂

Short memory Helx? You entered echo full of abuse. I wish likes of Fergal, ice etc all the best. But yourself….

Hahaha welcome back R2D2

Bahhhh humbug.

Considering Helx likes to have personal digs when I talk about the company....this was posted June 2023 at 45p!! HAHA. Take their advice with a pinch of salt.

"Helx2

Posted in: ECHO.L

Posts: 3,215

RE: Skin Tags14 Jun 2023 11:40

This stock is moving on fumes - up 18% on minor buys!! - will launch rapidly with a little positive news / update of the deal."

Quick reminder that Helx entered here at 45p

Merry Christmas 😂😂

Each to their own strategies Iceman. The motto has always been buy the rumour and sell the news.

Some believe that contractor will be appointed and then it’ll dip whilst waiting for mining. Taking profits is the name of the game.

A sea of blue before imminent contract appt spike

Helx - “traders sleeping” 😂😂

Absolutely, carefree. As I said earlier, a trading stock that spikes ;) and dwindles….

No implications from me inspector morse. Just pointed out the share quantity was pretty much bang on 10% of their holding. Certainly isn't a sell.

Carefree - what you implying?

Interesting the share amount is pretty much 10% of Spartan holding...

I'm not just here.... this one is just a bit of fun to see after getting so much abuse from a certain few a while back ;D

What are you expecting to be disclosed with the appointment? They've already stated that full rehab of he mine won't take place until Jan 2026. Have you not clocked on to the wording yet? "Expected to be appointed" "expected to be mobilised". If they start mining before they have results, then the whole reason for not mining in 2025 is questionable. Forgive the pessimism, but the same Board also said the following quote:

"Subject to the near-term completion of these workstreams, the Company intends to engage a contract mining firm to optimise operational costs and maximise daily mining tonnages. Considering these steps, the Company is targeting the restarting of operations at Bonanza in July and commencing operations at Morrocota from August. A further announcement will be made once the contract has been awarded."

Like we agreed yesterday - not everyone is of the same opinion. If they were, it would be well over 1p by now. Some may not want to miss out on profits again. It's not set in stone, excuse the pun, that as soon as contractors are appointed they'll be extracting gold. The RNS said that "Full rehabilitation of the mine access is expected to be completed by the selected mining contractor once mobilised." - "with mobilisation to site expected in January 2026"

Forgive me if I'm wrong, but I thought we were told full rehab of the mine was expected to be completed by now. Not having to wait for appointment and and mobilisation.

It was 0.225p a few months ago. It's not at all strange that some may be taking some profit after some more delays

A trading man would buy in this week, spike on contractor news, then jump ship as the delays of actually getting a spade in the ground continue. You don’t make money sitting on your hands

How can you keep stating this when you’ve been saying the same thing for 2 years at levels of 45p, 4.5p, 1p etc 😂😂 it’s literally a trading stock. It spikes on hype of a (as labelled by some on here) “multi bag specialist”. They’ve been drip feeding news of gold mining throughout 2025 and yet it’s still 95% down in the 12 months. Literally defines trading stock.