Member Info for Awenpawen123

How do you think the SP will re-rate over the next 12 mths as each mine starts to produce gold to the levels estimated.

Is the sudden activity down to the presidential elections are in a few days time and the expectation that all unfinished presidential business will be done before then.

But you see what I’m trying to say

Tomorrow is Saturday so both exchanges will be closed before reaching 8am UK Monday

Typo - after 4.30pm today

I’m wondering but is the company that ECR is dealing with listed on the Australian Stock Exchange. If a deal has been agreed today then is it possible that both company’s shareholders are told at the same time , preferably when both exchanges are open or close at the same time. That could be after 4pm today when both exchanges are closed. It’s just a thought.

Good indication of where the Directors feel the share price is going.

Did you find out from the AGM whether there is still a current Heads of Terms that was mentioned in the last Financials and was pointed out by someone on this board.

Does JA want to link a Namibia Licence JV with the Cameroon Licence and that’s what’s being discussed causing the delay in news.

Is it possible that JA is negotiating a JV deal that combines Namibia with Cameroon and that’s why it’s taking longer than we expected. Namibia may not have the data room just yet on their licence but a big oily may consider a small time Cameroon JV to secure an early share in a promising Namibia License.

Why are the last 2 hole results taking a while

Ok but what a Video to upload without an RNS to accompany it on the same day. Wow

Tamerinvestor - if you have The Doc email details can you drop him a message asking him to Verify the video on Blue Mountain.

Whatever way you look at using the Tax Losses it can only be Mercator who can either use the tax losses itself against future profits or transferred to other ECR Group companies to use against Mining/Exploration future profits. The tax loss cannot be sold as a commodity to be used by another independent company not corporately linked somehow to Mercator.

The tax loss has been created by “Mining/Exploration” within the Mercator Subsidiary of ECR. This tax loss can be used by Mercator on any future profits made in “Mining/Exploration” business sector. Also this tax loss can be transferred to other ECR Subsidiaries to be used on their future profits from “Mining/Exploration” business sector. That’s how the Tax Loss can be used solely by ECR.

However , ECR could sell its Mercator Subsidiary to another Mining /Exploration company and the Tax Loss will go with the subsidiary and become available to be used against future mining / exploration profits made by the new company owner and its subsidiaries. For this to happen Mercator would first need to transfer out or assign its Licenses not relating to the Tax Loss to another ECR Subsidiary.

However , for a JV Option to be used , a big Mining Company can JV with Mercator and assist with the funding of “Mining/ Exploration” projects within Mercator leading to generating bigger future profits to be used against the tax loss. The JV company will then share with ECR the future tax savings made by the JV.

That’s how I think it will work. There are several options to consider.

The very last statement GL said in the last presentation was “This is happening”. So that confident statement should be reassuring to shareholders.

The tax losses can be used by the ECR Group by offsetting mining taxable profits made now and in the future within the ECR group. So to ECR its saving future money spent on future Tax Liabilities generated from mining.

However, if the ECR Entity carrying the losses was to be sold for cash to another Mining Entity in the same Business Space then those Tax Losses would be used by the purchaser. That transaction would monetise the ECR Losses now for ECR.

But this would mean the ECR Entity sold would have to transfer out any valuable ECR Business Unit Licenses before the ECR Entity was sold and are those Licenses transferable.

Another idea is to JV into the ECR Entity carrying the Tax Losses so that the JV Partners and ECR would both benefit from the ECR Losses.

Big Lucrative Licences to Explore / Big Un-utilised Tax Losses - all means Big Meetings with 3rd Parties that needed our CEO to be there in person. Now we have a Big Radio Silence on the RNS Front.

All of this is starting to look exciting with the Doc dropping hints to speculate on , none of which are market sensitive. Tamerinvestor might be ramping a lilttle bit , but what he is also doing is stiring up a good discussion ahead of the next RNS.

To utilise a Tax Loss generated by an ECR Entity from the "Mining Sector" then that ECR Entity would need to make "Future Profits from the Mining Sector". ECR cannot sell that Tax Loss like a commodity but it could sells the ECR Entity thats carrying that Tax Loss. The buyer of the ECR Entity would then use that Tax Loss within its Group Structure against Tax Profits its making from the Mining Sector.

Also the ECR Entity carrying the Tax Loss could make its own Future Profits from mining its licences or Surrender the Tax Loss to other members of the ECR Group making profits from mining its own licences , all with JV assistence.

If you travel to the other side of the world to attend meetings in Perth and Melbourne , and in those meetings you discuss implementing an "Enhancement of ECR ‘s Capabilities to fully capitalise on potential opportunities which would require a Strategic Change. " You are talking to someone in a room discussing an Enhancement of ECR's capabilities on its opportunities (ie Licenses) , you are talking about a Strategic Change , you are talking about the possibility of bearing fruit from those enhancements. I think this is what Doc Holiday is referring to in his message and not the expected results from the Creswick Drill or his field trip with Adam or even the board change relating to Adam.

I think Tameinvestor is right to pen the possibility of JV's or any other kind of project financing that would provide these Enhancements. After all ECR's Licenses are too big to handle on their own.