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It is exciting when you put like that. Everyone should read and digest that post.
You seem upset tho' Nicey.... not the trademark of someone rolling in dosh....
Absolutely TS. 100% agree.
Nicey, you need to get whatever cash you have here over to ECR where the BOD DON'T take the michael on remuneration and they aren't involved in the kind of 'death spiral' financing we see here.
(apologies to all decent UKOG shareholders but 'Nicey' isn't actually very nice...are you??)
I think that is their actual aim and the story so far (since last October) has been to set that in motion... but it does not happen overnight.
I guess you have to use language like 'in the coming weeks' and 'shortly' when you hope to report news soon but you don't actually know when.
The asset sales and cash raises made sense and were necessary to facilitate the ongoing work programs. that has 'steadied the ship' but the results definitely need to do the talking. I still think news this year has a very high likelihood of leading to a double figure MCap and an SP between .6p and a penny. How high would depend on the news.
Multiple positive outcomes could take this above a penny with ease. The range of assets are very tasty. They have too many though and surely must partner on one of them in the near to mid-term....
Morning Nostradamus... very annoying but I think you might be spot on...
Watch it correct tomorrow in expectation of RNS(s) next week.......
'Because I don't believe they will succeed, I've been here a while TT and I've been in the markets close to 20 years, I've seen it all. My opinion is based on behaviour, starting when MW/NT took over back in August. It was traded 0.19 - 0.24, it was suggested at the time by MW that this was a "trader". You take 0.29 and 0.24 looks nailed on, except we've seen strong support kick in which has resulted in them having to buyback in, somewhat aggressively in fear of being locked out. Like most LT holders here, I can't commend the new bod highly enough, what they have achieved 8 months most AIM fail to achieve in 8 years. Some sustained news here without pre warning should do the trick.'
Gives one a nice idea of what Nicey is all about.... UKOG...lol
Wrong board perhaps...?
Yes indeed TS
Dan ‘Nostradamus’ 1605
And referring to using XRF in the future... 'photon analysis'.... not so great for nuggety patches but good for other rocks..
Trenching at Lolworth and Blue Mountain makes me excited. Really could get this moving....
It would be amusing if the old core at Balieston was rich in Niobium too.
Coming soon I'll wager... along with many other nice things... May on Wednesday
It could easily be someone riding the SP up-and-down and making change by trading 5 million shares... or a couple doing this in concert.
If they get this right the make a few hundred every time.
If and when they get this wrong they will have to get in fast and/or will miss out on those shares /lose the profit from a couple of yo-yo's
Same as it ever was.
Just on the Swazers chart thing... other thread... I like the chart and have some time for the analysis but I always invest or stay invested on more fundamental feelings/assessments...
These being:
Do I like the prospects for the company?
Do I think it could bag or multi-bag in the next 12 months?
Do I think it is currently undervalued?
Can I see a route for the company to make profit?
Is their logic and sense to the companies RNS statements (ie being truthful)?
Do I trust the current management?
In all these ai am happy / very happy to invest in ECR. The snides out there might point at the last one but I think they have so far warranted trust. No rubbish or mick-taking has been enacted. This is a BUY and hold.. chart or no chart.
That is an exciting Tweet !!
Game on indeed.... the next phase... to 0.6, 0.8 the magic penny??
On the downswings of the yo-yo....... they will run out of string in the end....
Oooh... a buy!.... Next drill RNS shortly?
Dangling the carrot of potential production at Blue Mountain... landowner willing to work with ECR... price of gold sky high.. simple alluvial system so sift through the earth for those nuggets we saw....$$$
Another potential source of revenue
Would they do a trial run? what sort of scale initially? Is the gold predominantly in nugget form? Looks like it is. Looks like cash in the ground.... hmmmm !
They can definitely get this to £20 Mill MCap .... and that is the plan with all the 'payment in shares' and putting the money into the ground.
It's going to be a busy Spring-into-Summer with so much news in the pipeline from exploration, cash in the back to do it, more potential cash from asset sales and the big, elusive game-changers of JV / Tax incentive deal.
The chances for some EXPLOSIVE action are very very high.
We've just been through a few weeks of 'post-placing' yo-yo around the 0.3p mark, but during that time to price of gold has rocketed. That alone should have nudged us up toward 0.4p... but the market is the market.
Going forward it could/should get very crazy, very fast. Lots of eyes on this. That's for certain!! GLA