RE: Tells you what you need to know2 Nov 2025 18:06
Baileysea...is this your first stock market rodeo?
You ask why the market, ie the share price, is not reacting to the plans and projections that ECR are setting out.
The market, and in general the experienced traders or investors, do not react ie, buy in to... speculation, possible outcomes, potential deals, proposed agreements or joint ventures...until the contracts are signed sealed and delivered. It's how the stock market works....particularly on the AIM market casino.
Some traders/investors, take everything the company is doing..ie finding alluvial gold deposits, assembling a team of confirmed experts to exploit those signs, assessing the range of assets across lucrative regions.....as a catalyst to put ECR in their watchlists, but don't want to commit until confirmation.
Some others take an early risk/reward stance, and buy in judging that with the comprehensive array of tenements across 1755 sq Km of Queensland and Victoria, and a puny valuation of a £5.6m market cap, the chances are that they are undervaluing the company, so decide its a good time, market cap, to buy in, afterall, the assets are the key!
Others, and you'd have to say...the jittery class, just will not believe that the plans, the potential, and the proposed deals, will ever happen.
They are so frightened of their shadow that they can't possibly risk taking a punt on what is clearly a strong play in this sector.
The confirmation seekers will pay a higher price, but the risk takers will make the best profits.