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I’m in…for the avoidance of doubt
Let’s just say that Doc will have considered the communication flow…..
They are too busy with their lifestyles Soss.... maybe they are just having a BBQ and eating sausages on sticks...?
... or maybe it's taking longer because there are so many 'whole of bag' nuggety gold fire assays to complete ...( chuckle... much better than Davey Road) which of course takes longer, costs more..... but will sure wake up the market and the potential JV partners.
Snag anyone?
Kuboid Hill results any day....
Remember the laugh...'Yeah, it going a lot better than Davey Road...'
Just saying....
Anyone?😁
Will the next raise be at .6 or 1p?
Irony … for the avoidance of doubt
… yeah but it just a lifestyle company right…lol
The trade is the reason why all the buying on Thursday at 0.3375 and 0.34 did not move the dial.
I did wonder.... added Friday morning but missed the actual low.
The added funds allow the team to broaden and accelerate what they do next. I'm happy with this and am obviously happy to see them targeting a £20-30 million Mcap.
The elephant in the room is that they have too much potential work to do. The licenses are big and full of promise. Any one or two would be more than ample for an explorer the size of ECR. So I am certain they will do a deal with a larger entity.
The question is just who, what and on what terms. Questions sorry.
I think some of the current drilling is to prove to said potential partner what is available here. Kuboid Hill results will be a step in this. I think the next quarter will be pivotal in that process and a JV will emerge. The rising gold price makes this more and more appealing to another and the outcome will be a win-win for ECR.
I have no doubt this will top 1p in 2024, making the board's remuneration package took very healthy.
AIMOHO and DYOR
No doubt IG..MW knows this... you can choose to grumpy or you can choose to be in and see the gold for the quartz.
Don't agree with your 10.12 post mental....
This was a targeted raise with a very sexy list of uses..
There will be another raise most likely but will it be 0.5p or 0.6p or 1p... who knows. It won't be at 0.3p if the future exploration is successful. MW and NT have clearly done this to be able to forward plan the companies activities over the next 6 months. I also assume Doc knows that the grumbling will soon stop once the Kuboid Hill RNS comes out...
They have a plan and a process to work through to turn around a very poorly performing company. Amen
Look at the 1 year chart.... see how the new management has turned this around.
Look at the list of current (we await Kuboid results and more) and future (see today's sexy RNS use of proceeds) value trigger opportunities in a safe jurisdiction, in multiple large tenements, in THE RIGHT places (#envious).... look back at where the chart is going and then imagine future news drops....
... with the price of Gold well over $2100 with more to go....
Then look at the MCap!
Actually TS... though I know the feeling... I think you should post.
The 'one line gang' will calm down.
You take on the uses the new funds are to be put too would be an aid to new investors taking this (stonking) opportunity.
GREAT ENTRY OPPORTUNITY for those watching over the last few day... get in quick...
It is funny IG..... look at it rising already...
'Fully funded' can mean a variety of things...
This allows them to go faster and harder.... great list of uses of funds.... trenching AND DRILLING at Lolworth....
Swazers... I have seen a few charts not come to fruition... not this time! Yours is BY FAR my favourite in recent memory!!!
Let it continue... great volume too
Traders playing with matches....
Anything under .5p will look liked a stonking buy by the summer... that is the madness of this...
all this time there has been opportunity to buy at F all... but it is still a massive bargain....
this can do 100% in a day given the right news.... maybe more!
Its bitter and twisted TS
lol... ******, regionalist and a tool... the full shilling