Member Info for Cocobeans

We are working towards doing the deal but probably won’t and it will trigger AIM 15 which is why we are looking for a different deal. All a bit odd. Just stop giving the market deadlines and get a deal done

Notwithstanding this increased interest in MGA from other parties, the Company confirms that ECR and Octo are actively working towards finalising the proposed disposal, on the basis announced on 3 February 2025, of MGA ahead of Octo's proposed target completion date of 28 February 2025.

The heads of terms between ECR and Octo are not exclusive and are not binding in relation to the terms of the proposed disposal of MGA, and that this would be subject, among other things, to due diligence by Octo and the execution of a legally binding agreement governing the transaction.

This deal with Octo is clearly going to fall

Over here. No way you would publically start saying you’re dealing with others when you should have executed the deal last month. That deal is clearly unlikely to happen

As it’s a complex sale, you wouldn’t want to open up 2-3 lines of hard negotiations

Why don’t they just close that conversation off as this news doesn’t come across like they are going to g to close that deal

If they have a better deal on the table why waste money on multiple legal fees.

Do they best deal and focus the resources into getting that one over the line

Whatever happens smells like this is going to get delayed further (might be for all the right reasons) but for ECR I would stop giving deadlines and talking about these losses until the deal is done as it’s having the opposite affect

Mental- thing is im just being honest, people dont like it as they are too emotional that the price isnt goin their way.

question the board, not me, i dont care if price gets to 1p or 0.0001p (said that before)

if the management focused it would make this a much more attractive investment but it all feels a bit too close knit and boys club.

nobody ever came back to me on the boards experience here

PROMOTER

WELLBEING

SOCIAL MEDIA

Nor did any questions Nick recent appointment to yet another well being company

Nick has no experience in mining but seems to be the face of it all

yet you have palmer/parker who has all this experience but no face!

Look at POW just received 9.5m paid 2m off their debt , got 7.5m and no movement in shareprice at all

thats what im saying re MGA, as the money is going into the ground (where it should go) there will be no rise here on that news

the company shoot themselves in the foot by making it a massive event, that MGA comes into being value accretive in 12-18months from when they put it in the ground

too many on here are too short term and dont understand that these things take time, and the management have been poor in their non rns comms by suggesting everything was happening so quickly

todays rns means something for next year NOT now

if you guys want returns , the company should focus everything inro BM and stop talking about the "non core" stuff

if not your game is a lot longer as the market doesnt care about pan samples of sub optimal grades and pie in the sky stuff that isnt going to move the needle

issue you have is the company arent really being far by the constant PR or how everything is exciting, that creates the sense that everything is NEAR term, its not.

BM is 6-12 months away so its eyes down, shut up and deliver it closer to 6 than 12!

thats the issue when you have promoters on this BB, in the stock and on the board, what worked 5 years ago to pump a price, doesnt work today

hence POW news did nothing! hence PauL Johnson left being a promotor to taking a back seat

deliver will give shareholders what they want. rest is pointless noise that creates aload f short term traders that actually affect the price

additionally as the company is fully funded (which is good) they should sack off all the over zealous PR stuff as they have no need for the insiders, who create this short term traders that then dump

unfortunately, i dont think anything will change

Yes my evidence is that there is no evidence that he has done anything, please do keep up lol

TS- show me what he has done?

If not, my statement stands, as im not inside i can only use whats publically facing and there isnt anything.

many thanks

What job have you done for years? been a blind bull

the market is decided by whats in the rns not what side conversations your having

market decided this morning that this RNS was a nonsense

until the company actually delivers something they have promised to the market in an RNS, then be prepared for these muted responses

i dont care about the rest of it

BBN OK - what proof do you have that he is actually bringing anything to the table.

I dont have inside info, i read the RNS and have to judge progress by that, not by DM's, interviews etc and none of that is signed off by the NOMAD and regulators

so what is it that Parker has done? Why do i need to look at the bigger picture? im looking at what this company has delivered in 18months and i can confidentely say, anyone could have done what this management team have done, its nothing special, actually given all the noise, if anything its been pretty poor

your a blind bull being fed exactly that

Parker isnt bringing anything to the party- he is a ghost

the market tells you all you need to know, no interest in these assets or the average results

simple as that really

they need to streamline all resources to BM

simple

Exactly that. Seems a bit all over the place

Top of the morning

Company should simply focus and stop starting new treads without completing the ones they have already started

They are just pushing news for news sake.

Results will see rewards here not noise

But that what you get with 3 people that don’t get the mining game,

Andrew scott is PR and clearly thinks that more noise is good noise, it’s not

That’s my point. This asset as it stands on a standalone basis looks average (at this present time)

So go to BM invest every second getting that into production, then expand the PF when they have more time, experience and resources

Some of the PPM is below 100 - that isn’t a viable resource, it’s crap gold

Granted three samples are just above 1000ppm but that’s an average grade. They will need to fully drill this out to see if there are continuations not just pan samples.

How much will that cost ? Is that in the budget?

Obv can’t get feet on ground now due to weather so once again they leave all the key details out the rns which is signed off by nomads to prob say things on interviews that they are not held by. See the theme

Should be concentrating on getting BM into production not messing around with bits and bobs.

Once BM is in production, then expand the asset base

Non mining board are spreading themselves across too many things

Reminds me of what Paul Johnson used to do, and it didn’t yield much at the time

JUST ABOUT THE SAME TIME AS ECR PRODUCE ANY GOLD THEN

Yep- if its insider info- which if no one knows about it then it clearly is- he shouldnt even be mentioning the company

how much has ECR paid TMS and Burton>..

think a few are getting wise

look at Nick recent directorship appoint and docs to nick company

all stinks

£500k

mcap £5m

no revenue

no special product

loads of 0.01 warrants and 3 p founder shares

burning cash

directors work 2 days a week

directors a nonsense brokers no AI experience

nonsense company will delist in 18months

Will kill this constantly- no retail investor wins here

i refer to my post yesterday

there isnt a single board member with any real mining experience, Nick has failed on health wellbeing, mike is a former flipper of stocks and andrew scott worked in the media

is anyone really taking this lot seriously? or you now seeing its "designed to take your MONEY"

Blowster and Burton are scarily quiet on this having dumped their shares - which is illegal as they were pumping it at the same time but ho hum- i was just the bad guy"!

This is essentially the problem here

· Cash at period end of £595,662 and a net loss of £596,547 for the 6 months to 30 June 2024

so add the £250k from the CLN a few months back and essentially you have the company running with less than £150k in the bank.

GL to you all but its obvious what this company needs to do

GL ALL

Flippers need an out and im happy to help at this level

in cheaper on a net net basis against them buying at 15p plus comms of 0.5-5%

Where are youuuuuuuuuuuuuuuuuuuuuuuuu?