Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Sorry I meant Monday not tomorrow. I expect next week to be positive.
Final Results 27-Mar-2024. will do the trick. if dividends will be close to last year, sp is bound to recover soon.
do we have any reason to not have any dividends???
It seems today is a mood changing day. lots of investors are taking position again. traders still not sure. Tomorrow may be they will join forces to push this to 75p as a first step to test the stability.
Oversold and need some adjustments.
@coffee, disparate. No more dumping mate, jump in or keep out.
It seems those, used to dump stock here, managed to get some back under another name.
The Swede done it and left monkey needs coffee to wake up.
hopefully the sp will move up soon.
Sp is still depressed at this level. ECR has lots of options and it should be returning to previous levels soon.
They have cash for at least one year.
Tax loss worth £75,000
plus multiple prospects where gold being proven.
This sp level is just the left over of the unfortunate death of the previous CEO.
Good Days ahead. I hope Tamer is not bashed again for being optimistic.
Traders has their day yesterday. That is enough.
Passed going forward: means echo is not likely to move in any direction. This may mean going round in circles.
clean slate: means no value is left for existing share holders. The new investors get the lot.
Or do you have other explanation?
Cashking, it is a good tweet, we may stumble on good cash hoard there on those hills.
Where is the news? they must recounting their fingers and kicking themselves to wake up to the truth.
der is gold in dem der hills.
K.hills, 10m deep red quartz must contain good stuff, gold on surface must had come from these veins. who knows we may hit a valuable minerals as well as gold. A hill is a good sign of an old dome, Quartz is the proof of volcanic activity and colored quartz is the sign of deposits. surface gold is the icing on the cake. can't wait to see those results and I will be thrilled to know the vein is stretching further along field close to surface.
Lots to wait for.
Why can't we have nice nomads like these, they created a cave and settled in. The cave shows a red layer of iron.
May be our new nomad will dig a cave in those hills and show a blue layer of copper too. who knows?
https://www.youtube.com/watch?v=DlKIt2A0VUc
High and dry.
Here are the facts from the interview: new company for new shareholders. the existing shareholder will get th delution.
However, executing this restructuring plan may require the support of shareholders. While it presents an avenue for value recovery, it may necessitate a capital injection, potentially through a discounted offering. Such a move could lead to dilution for existing shareholders but would empower the new board to implement its strategy effectively. The willingness of shareholders to back this initiative will be crucial in determining the success of Global Petroleum's transformation.
If there is a JV deal, which all clues suggest there is one, it is already drafted and waiting finalisation at least two weeks before end of March to allow accountants in the other side to include the tax loss in their accounts. K.hill is just to improve ECR share of this deal. if results are very good and cover the whole 10m quartz zone, highly likely, then we may get a substantial chunk of the deal. besides it will accelerate production as it is near ground.
for ECR it is a fast track to production and development of other sites.
For the JV partner it is money invested and recovered from tax losses.
It is a win win.
JV is likely to be announced soon after k.hill results no matter. but good results lead to better deal.
Strap in, the man said. That is what ECR going to do; fly high. Few in here are very conservative with their mood dumped by the long wait fail to see the changes happening here.
ECR is the future. lots of successful gold spots.
Heavily over sold here. Medium term price should be at least 3-4p. Even without the k.hill news and other news this should be 2p by now. lots of good results have not being included in the price yet.
fully funded. gold confirmation in more than 3 sites. very large licence holding one of them is 90 square km.
strong buy and hold, the party has not begun yet.
I guess they fast tracked k .Hill to confirm results before end of financial year. May be something to do with selling part of the business and the tax loss as well. Just a guess as CEO keep asking to focus on exploration results as the are the key for transformation of ECR. a Hill full of gold and £75m tax loss is not something to sniff ....