Member Info for Cocobeans

Operating daily - where does it say this?

they could be showing more on the operations, where are these plans they were talking about etc?

3STAR- sorry but im bored with your AI responses, are you a BOT?

But they showed a nugget here and a nugget there

the whole narrative was around turnkey, this isnt turnkey at all.

but whatever the agenda needs to be i suppose

The lack of ECR content on the "biggest thing" to happen to the company

no videos of continuous production, no figures, no nothing

all very odd given how easy a PR win it was

maybe something no quite right, as after 20 years, id be screaming from rooftops!

A major has spent 20 years watching ECR and now they have Raglan doining massive numbers pre operational costs, producing £4m over 4 years, they are going to make their strategic move to buy a small cap company run by a podcaster and life science guy.

Hold onto your hats here!

Agree- 3STAR your posts are almost almost as boring as Bottom/TS/Tamer

Cant be very big if they are putting in less than £200k thats PI money not a massive institution. come on, its a reach at best.

lets not get back to yesterdays conversation on requirement for funding, cant be doing with 3star AI priven nonsense

More waffle.

Nick was in charge in the Octa Group- he promoted it and even said he was doing the legal DD.

No institution put in money- that was nonsense, the book was full of flippers! no TR1

They could sell teh Tax losses, its clear! they have tried for 20 years!

unless they get the resource out the group, the licence value is exactly where it should be

Operation and people are talking about take overs!

Utterly delusional- ECR will NEVER be taken over. Its far too small of an operation.

The licences are not that interesting to Major and the tax losses CLEARLY COULDNT BE SOLD! Remember all the RNS about multiple parties in the data room and the made up Octa group that had no assets (search)

Maybe they locked all parties in the room, and forget about them, bit like they forget what they promise and pivot on a monthly basis

Yet, people, sorry paid rampers, just brush the fact they used the tax losses ramp to burden all shareholders with more dilution! even when they said they wouldnt a week before!

In Nick you trust!

BOOOOOOM

Are you missing my point?

Run Raglan until the last second, then switch it all to BM!

This stops having to pay CAPEX out for BM!

They cannot share equipment- Nick back tracked on this in an interview saying they wont be moving washplants around etc

they cannot use the same staff!

think we are at a crossroads here in this discussion, as either im explaining my point poorly, or your deflecting it

Chesh - ironic post- thanks for the input. clearly struggle to read between the lines

The A$1.9 million insurance valuation confirmed in the February 2, 2026 RNS isn't just a random number; it is an internal assessment of what it would cost to buy and install that exact wash plant, gold room, and mobile fleet today

There we have it- so this is what it will cost to get a similar set up at BM, which they wont have the cash for. SO they should come clean with their strategy

As a shareholder, dont you want the larger asset producing the most revenue, rather than investing in a site that will be dead in 3 years time?

ECR today gave an overview of their assets- THEY DIDNT COME TO MARKET WITH A CLEAR STRATEGY

Where is the presentation that BBN guaranteed 12 months ago?

This is what the market is missing, a clear documented strategy with timelines

No interviews, a presentation deck with a clear outline

Are these replies Chat GPT?

LOAD OF WAFFLE

Having equpiment insured for x doesnt mean its worth x

Dont see why you guys arent up for debating that Raglan kit is better used at BM ONCE BM has approvals

as financially its better for ECR across all areas

how is that negative

im saying the longer they are at Raglan, the more Capex they have for BM

Not sure why people are so anti this view as makes sense to me

Ok so why did they say the Raglan kit is worth what they paid for it and insure it for $1.7m?

they cannot start production at BM for £50k lol

Diesel hard to come by in Aus in January

as early Jan Nick said, we have the staff, we just need the diesel

March and diesel only just arrived!!!

YOUR ARE NOT GETTING IT

$7M over SEVEN YEARS IS WORSE

ECR have £100k a month outgoings

$7M AUD to gbp is say £3.6m/7 is £500k a year

ECR would still be burning £700k a year

the above doesnt even include costs of production! so having the same amount for longer is worse!

Raglan has already been heavily mined BTW

The equipment at Raglan is worth what?

well they will need this and more at BM plus setting up costs, more staff, infrastructure etc

BM is not "TURNKEY" they are starting from scratch which will cost more money.

Buy it either, it isnt hard to work out here

Gold been in its biggest bull run, juniors everywhere have 1-10x and ECR is LOWER than when Nick started

Thats how much value retail put on what ECR have done

BM was supposed to be the thing 2 years ago- everything else is a waste of resource

Your missing the point

all they have is the cash in the bank

raglan wouldnt make £1m profit a year for ECR

the longer they take with Raglan to start covering G&A the more money is spent from the bank

even if they spent no money £1.3m wont get BM into production and give ECR enough contingency

my point isnt about a fundraise, its about using the kit they have and not pumping raglan too much as its a means to an end

they WILL NOT spend £1m on kit that they have sitting "next door"