Member Info for Bottmzup

I'm sure he wouldn't mind me sharing as it's not sensitive information that the market doesn't already know.

But yesterday I asked if the planning permission for building a house on the 20 acre land site was still going through, and his exact answer was...

'The land disposal is still firmly insight and holds a considerable value in cash to us'

Fair play to him for answering shareholders questions, and sounds like they have several possibilities for income.

In the last couple of days, ECR have just made themselves that little bit more relevant to the market.

Todays trading volume tripled in the first hour!

The Directors are almost fizzing with excitement...they can see the books, they can see the potential, they can see the grades of opportunity, they can evaluate the costs!

As shareholders, they know they're going to cash in.

The coming weeks and months are looking good with so much news due.

Gold @ $2600/OZ........+?

Ok we're not a producer...yet!.. but the assets we have... have gold value, so all ships rise on a rising tide.

After 12 months, I would give the new board a definite thumbs up for attention to the goal....which is, as I see it, to make the most of the assets and the potential targets, and to balance the spend v costs to support the assets...Directors taking most of their salary in shares for example, and the new guy?....he knows a bargain when he runs his sliderule over the potential doesn't he! Why would he bother otherwise, he's obviously had a very successful career, and probably could retire if he wanted to.

Yes there's that Tamer, plus this from the sale of non core assets RNS last December....

Additional Disposals

The remaining non-core asset that ECR plans to sell is 20 acres of land in Victoria. The Board has determined to apply for in principle planning permission for a residential house to be built on the land. If such planning permission is granted then the Board expects the appeal of the land to increase to prospective buyers. The cost of planning permission is modest with timing likely to be in the first half of 2024. Further updates will be provided as appropriate.

The monies raised from these sales will be utilised to progress work on the Company's portfolio.

Must be getting close to getting the planning permission granted soon, as it would appear to be overdue.

A good few AU$000k sale would be very welcome with everything else going on.

Both so excited that they're talking over each other...very good news this!

https://www.youtube.com/watch?v=hnS_rRvjj4w

Might get a delayed reaction once the last 2 RNS's are digested by the wider market.

0.3p + in the very near future!

End of this week?

Even more eyecatching if you've checked out what else ECR have in their locker.

Here's a good roundup from Sundays Research Talks with Alan Green.

https://www.youtube.com/watch?v=IFxrHwR1Wfo

Yes, as has already been mentioned by techguru, and acknowledged by my comment....Wow, maybe I will get excited then!

Wow, maybe I will get excited then!

Not sure how to break down all the details, but it sure looks like there's GOLD in them thar hills!

Had me excited for a minute, but when you watch the video on YouTube....its 5 months old, with 271 views!

An apology is appropriate...to say eff all has happened in 13 years is a bit ridiculous to be honest.

I was a holder of these a good amount of years back and sold when I realised that the cycle involved in turning a discovery in to a full blown mining operation takes many years of feasability studies, environmental impacts, working to involve the local communities, and governments...to their benefits, presenting an attractive overall proposition to potential buyers, and laying it all out as a turnkey operation ready to go...specially at todays gold price of $2600 when the Feasibility Study and PEAs were conducted at US$1,600 oz gold and US$1,550 oz gold respectively!

This has given me enough encouragement to get back in. I bought yesterday @ 21.63p

Charting signs, particularly volume of late at this oversold price, bouncing up on the daily stochastics, and the timing considering the amount of foundation work completed over the years, and the repeated 20p support, was enough for me to be convinced that now was a good time to get back involved, with a level of excitement having always had one eye on the story as it has developed in to a mature investment risk reward propsition, at this level of market cap.

Condor are much much closer to their final goal today than they were back in the day when I sold my previous holding, with negotiations on several fronts with big mining players continuing to play out...why would they be interested if the overall picture wasn't so attractive!

So to see someone claim that eff all has happened in the last 13 years makes me wonder what the author of that claim actually expects!

Stop loss collection!

𝑻𝒉𝒆 𝑫𝒐𝒄 🇨🇾

@DDS_DocHoliday

·

2h

We are pleased to provide an update on our current projects and opportunities at #ECR We anticipate further near-term news, which could be of significant interest.

Also an interview with Mike this morning with hint towards revenues...tills ringing!

https://x.com/Share_Talk/status/1833401388014895568

To be fair to Mike, he is approachable, and does reply to private messages, its not the first time I've had a direct reply.

If they were to raise funds lower than the sp at the time of the RNS it would be curtains for their credibility, and trust would go out the window.

Don't see that happening with their emphasis on looking out for shareholders up till now.

Had a private message from Mike on X after posting concerns about this new venture, here is part of his reply....

This is only an additional opportunity that we would proceed with at a premium to existing share price.

Sounds clear enough, existing share price being the sp that exists, not that that will be 'existing' at some point in the future.

Yes, and the most significant word in your message is 'IF'!

It's just hope...that the current directors are going to reach their goals where ALL previous directors haven't, and they've all gone in different directions, whether it be buying up property and machinery, or moving in to Queensland, and now moving in to Helium production investing.

All that said, I do genuinely have more faith in the current directors...taking salary in shares and selling non core assets etc.

Obviously the tax credit sale would be the icing on the cake, and would secure a much longer financial runway and subsequently a better negotiating position for a JV.

The current directors are trying hard to realise the potential of ECR and its assets, as well as the sale of non core assets local and overseas, which is what I want them to do.

I guess its just a case of trusting them to increase the value of the company, but it still remains in the 'IF' category!

Tamer, of course I don't know what the big picture will be...that was the obvious point of my post.

We don't know any details of how much money will be needed, when it will happen (if they decide to go ahead, which sounds very likely), and when it will generate any income, or how much.

If you have a much clearer view of the big picture maybe you'd like to enlighten the rest of us.

I can't understand why the Directors are even considering this idea of diversifying even further from the already thinly spread 'assets' across various licenses in AUS. From Gold to Antimony, to now helium! WTF!

Whats next, an investment in a peanut farm?

For pity's sake, just concentrate on selling the remaining non core assets, including the 20 acres of land...with planning permission....then concentrate on proving the value of the portfolio of licensed assets.

This kind of announcement just frustrates long term holders, and smacks of the Directors not really knowing whether to have a shyte or a haircut!

There better be a very large bunny coming out of a hat in the near future, or this not so new team are just going to be regarded as yet another set of chancers coming in to dilute the company further away from any kind of success for long term faithful holders.

Almost three x the current daily volume average traded today, with about half and half buyers and sellers.

Don't know what to make of it to be honest, and the only reason I haven't sold some today is the excitement levels by Doc, the fact that they are also shareholders dependant on a much higher valuation, and the tweet he put out following todays RNS....

𝑻𝒉𝒆 𝑫𝒐𝒄 🇨🇾

@DDS_DocHoliday

·

5h

Despite the prevalence of simplistic narratives and scepticism, one remains steadfast in our commitment to creating the most advantageous opportunities for all stakeholders, including ourselves. We're putting the market on notice here!!! #ECR

We are not resting on our laurels.🧩

********************

Lets hope they don't end up resting on the names of Laurel & Hardy!

𝑻𝒉𝒆 𝑫𝒐𝒄 🇨🇾

@DDS_DocHoliday

·

6h

Sorry to disappoint the naysayers, but we're not raising funds nor do we intend to, not at current levels, let alone at a discount!!!

As a holder I watch the volume pretty much every day, and I can't remember a patch of consistent 1m-3m ish trades going through than over the last 3 days...it's relentless!

Could we be due a TR1 from a stake builder?

Why didn`t you put a comma after the word 'keyboard'? And it`s 'why are' you using a backtick for an apostrophe! Not 'why you'!

We can all be pedantic about the use of words and punctuation on a public forum, like when so many people say 'could of'... 'should of'...'would of' instead of 'could have' etc.

You can see that everyday and it irritates the f out of me, but if I spent all day correcting them I wouldn't get anything else done!