As promised30 Dec 2025 13:08
I havent posted on here until now.
ECR delivered NOTHING on their promises this year. Raglan was a project that came up and they went for it. Nothing is guaranteed there, the mining side is pretty small and might cover some costs and the machinery needs validating but they talk a good game around this.
Weather for production is now an issue but people know this.
Still absolutely nothing on BM production, so what happened if Raglan didnt happen?
Reality is, its a wasted year, drill, issue nothing results, more analysis etc. They havent a real plan on BM in terms of locations etc still, so maybe still 9-12 months away!
Congratulations to the board, the price at start of 2025 started at 0.3 and will end at 0.3- great reward for investors. ALL IN THE BEST GOLD BULL RUN!
The normal paid PR on this board, will try and take over my post, but shareprice is the reward and its the same as it was 12 months ago
2026- They have all their eggs in this Raglan/ BM tie up, other than that, a placing will be needed in Q2 as they wont have enough run way into any production for overruns or issues
Could ECR deliver a small producing project- well yes. Is it a game changer, well NO. They need BM is FULL FULL production and that just isnt happening anytime soon. Still no licences, no location, etc
So they got VERY lucky on Raglan and the best thing that happened was the cowboy left
Still they have Nick and Scott sucking up money for no reason, lets see what is delivered in Q1.
Until then, the production from Raglan will cover costs, they need more money for BM for initial and full production
thats still 12months or so away, and if Talking or Bottom say anything else, well we know for a fact you are both Paid PR. so do with that as you will
good luck and happy new year to the genuine holders