Member Info for Cocobeans

Its was a failed experiment

sell the BTC before it halves, and distribute the cash to shareholders and delist.

no brokers will trade this shortly, so pretty pointless being a listed business

only reason it will remain listed is for salaries

So this was a month ago, therefore, was this add in the placing? as he hasnt bought any since 6th May

And has also issued an unsecured convertible loan note ("CLN") for A$3.86 million. The principal value and interest of the CLN is convertible at 0.26 pence per ECR Share or otherwise repayable, including associated interest, 18 months following completion. Should the CLN holders wish to convert, they are capped at a maximum conversion of A$1 million every 30 days.

plus 50m warrants

you missed all of this Cheese

Redeemed with what cash!

they already owe another 3m to the vendors which is due this year!

interest free from completion, as they will use the revenue from initial production to pay interest, hence they wont make any profit in 2026

and AROUND in circles we go!

Are any of you guys even sure how a business works?

Before the beokers cut off the ability to buy and sell

this is what the smart are doing, they are selling into any liquidity

So this guy calls me out for making statements and then says:

"And we have a professional offtake partner already in place, at good rates."

"and we know they have gold....just a case of how much?"

"This is the year for ECR to breakout of the label of fundraising junior explorer in to a multiple asset Gold production company"

1.what are the rates? never disclosed

2. how do we know they have commercial gold?

3. they just diluted everyone with Maddens- owe millions on this and have a 3m CLN which will be constant dilution plus they run out of money, so more dilution to follow

LOL- jeex wept

Can only go on what has been presented until ECR tell us otherwise?

so the brokers notes is what to base some figures off, or shall we just pretend and make up other numbers?

im not talking about the share price targets from paid brokers

the same paid brokers that say Raglan on their numbers wont cover G&A

Also this target price doesnt factor into the dilution, CLN or payments now due so I wouldnt get too carried away with made up target prices by PAID brokers

reality is the figires presented by the company whether they are conservative or not, stand until company proves that they were actual conservative, which they havent been able to date! 5 months after saying the would be in production

Says the guy that keeps throwing our meaningless statements with no sense checking!

oxy moron

AG nothing in life is 100%, which I acknowledge, but we have to take informed decision based on history and facts

ECR have failed to deliver anything to date that they promised re productions (Raglan only needs diesel, turn ky etc etc)

ECR G&A for next 6 months is c£650k

Raglan in its phase 1 process, is suggested to make less than £500k over that period, should they get to that stage (based ON BROKERS insight) this doesnt take into account that POG is 15% LOWER than their numbers

Maddens is 3 months away but lets be realistic based on the companies history, this is likely to have some slippage, but even if it hasnt, OCT to December on a phase approach wont repay the debt, dilution, fees, plus additional G&A that hasnt been factored into ECR burn rate from this new asset, they wont get paid immediately and we dont know payment terms with the offtaker, so reality is its extremely unlikely that from a CORP perspective, they will generate ENOUGH profit, if any, to apply the losses in 2026

Its just realistic and even if they did apply it in 2027 the profits arent going to be huge, your talking a few hundred k so its a mute point! re losses this year

again- this whole subject is a ramper just throwing nonsense out there without sense checking

main thing is for ECR to actually start to show some execution, then lets debate the finer points!

Cheese rather than the emojis, posting of links and tock up posts, whilst holding your placing and being associated to a certain person

why dont you explain how ECR will use tax losses when then wont make profit in 2026

you understand how the CLN , debt and other things impact all of this, whilst not being in full production as you and talking have said PHASE1 to justify no production a million times

Come of show me the numbers.......

You really are inept!

Tell me how they will use tax losses when they wont make any profits in 2026?

This is the problem with you rampy view of timescales and lack of business understanding

ECR initial production in 2026 (if they get there) is tiny, so even with that happening, they cant use losses against losses lol

Everyday your ability to question me on something that is just common sense is amusing

Take off the everything is massive and awesome view and just apply a bit of common sense, now i know you PR firms are biased but christ be a bit realistic!

Cheese, i just quoted the company and it will be years from that statement, which was 2025- they wont be able to use them until 2027, so thats TWO YEARS. so im not incorrect

anyway, as always, if ECR deliver, then upside, and higher price to raise money next quarter, if not its further drip and the placing will start with a 0.1

take your chances and whether you believe Nick or not.

*wont cover G&A,

Ben says hi cheese, keep those placing shares working dairylea

Im not desperate for anything, but lets be clear. they can only be used when the company makes profit, so cant be used at Raglan as it would cover G&A let alone profit

thats my point, it needs 2-3 assets online to be able to use it.

"It will be several years before we reap the benefit of the full value "

which is why i comment on the criteria, and again its dangerous for posted to just be saying they are in play now. its not true.

ECR is simply this- you either believe they can execute in next 3 months or you get diluted again and spend 3 months with overhang, then CLN and other payments are due, so in reality, they either deliver in next 3 months or its going to be a painful experience for any holder

If you believe, thats cool and if you dont, thats cool. But it shouldnt be that this BB can only have paid posters that have been here for 20 years posting one sided comments nor on flip side complete de-ramping.

Absolutely.

AG- doesnt quite work like that im afraid, the tax losses come with certain conditions, the asset must have been in production for x time, they can only be used against a certain timeframe of revenue being driven, and implemented once a specific revenue number has been hit, they cannot just be used against all assets unless company structures the CORP structure to allow.

I get how tax losses work, but its what is the criteria that ECR have to meet

Can you explain how the tax losses will work exactly, based on the criteria they must meet to be implemented

thanks in advance

Is that its not ECR driving Maddens, so maybe you have more hope

as clearly they cannot execute by themselves

Raglan where are you? maybe the results are in the data room with the tax loss buyers that everyone skips over!

I thought this guy was some sort of hero, or was that the board before that

careful what rampers say, as they will say anything, without any real evidence to back things up

this saves the company £10k plus a month in salary, which is the only good thing

BUT not really positive that they have to pay severance and left it this long!