Member Info for Cocobeans

Maybe they are still waiting in line for diesel that’s why production hasn’t started

How much gold they produced in full time production NOT. A weekend of testing?

How much Gold has ECR produced?

How much gold has ECR produced?

Output figures based on August when they bought the assets in December

Yes ok boss

The numbers are off from the 5k gold that was $7m made up value

So around $5.5m now which doesn’t cover costs at all!!

So the whole bull case has fallen over much like the share price

What happens when there is no focus on a business

Those made up institutions must be happy

Re -read the broker notes from this year

Nick missed the bull run completely

Doesn’t surprise me given they wasted so much time and resource focused on failing transactions

How’s the BTC strategy going ROFL

Better rework them numbers by 25% which certainly doesn’t cover G&A

That’s the issue with basing everything on an all time high price, not on an average price

Absolutely no idea, neither does ECR or anyone on this board.

Before anyone starts saying otherwise, they are digging dirt and sorting, they could have nothing or larger nuggets , WHICH IS WHY ITS IMPORTANT FOR ECR to come clean and tell the market their numbers and have a proper road map

I asked for a presentation with formal timeframes 18months ago- still nothing?

this says they are not confident in what they are saying

if they come to market with a dated timeline alot of "speculation" on dates etc would just go away and then they can be held accountable

wonder why they havent done that once?

CBA reading your AI generated stuff- on block you go- sorry

NICE AI SUMMARY

Here is where your AI response is wrong

£1.5m is cash being burnt on G&A and other "assets" today so its decreasing day by day

Raglan will plug some of this but not until it is in full production IF we are to belive their numbers

once BM is approved late Q4 this year, ECR will have spent £700-800k so their cash position will be £800k or less, they will need more money for BM, Nick has admitted that on Interview in the past

they are starting from zero, there is no established operation at BM, they havent told us where production will start from

They cannot use the same equipment and staff at the same time, thats a nonsense, so they either double up equipment or move it all to BM

Its suicide for ECR to even think about buying more equipment at a sbstantial cost when Raglan will have less than 2 years left on it once BM is actually full operational

people are just not being realistic

Raglan is a basic set up as you can get in the mining world, they are literally sorting dirt and hoping!

Nice ramp, how will this make any real difference to the valuation of ECR

Their annual losses will half from £1.3m to 0.65m for 3 years and then unless BM gets into production, then they will simply reset to £1.3m in losses

any long term investor knows the only way ECR ever 5x its money is with BM commercially operating for 5+ years until then Raglan is a asset to use to conserve cash, not to be seen as some company saving asset like some are presenting

its a way for ECR to stop losing so much money and to use the equipment at BM, if they do THAT, then the funding im talking about halves

BUT COMPANY WANT TO CONTINUE TO SPIN A STORY THAT THE MARKET DOESNT CARE ABOUT AS PER THE SHAREPRICE

Sounds wonderful but before that they need to seek £1.5m + to get BM up to date- they need staff, infrastructure, plant, equipment, more testing as they have no idea where to start from etc

as the revenue from Raglan isnt free flowing, it wont cover G&A so there is a funding gap for BM let alone any other "asset" ECR wants to "develop"

the figures from the broker notes state that

Your happy with a CEO with business interests across 5-6 other companies, traveling the world getting paid a FULL TIME PERSON salary running a mining company that is apparently on the verge of greatness?

Why isnt he going all in on ECR? WHY IS HE TAKING ON MORE DIRECTORSHIPS?

1000 tonnes of dirt- i can dig that in a field, its not that impressive UNLESS they have GOLD

NO mention of any recoverable GOLD from any of this testing

FACTS AND FIGURES MISSING MASSIVELY!

GOLD BEEN IN THE BIGGEST BULL RUN EVER!!

ECR failed to capture that, they have no build a model on the highest POG just when GOLD price start rebalancing!!

Just sums all ECR all together

Complete amateur run by a healthcare guy and a podcaster

BTW NICK trying to steal another directorship at PYC

ARe you happy?

That your main man is diverting MORE attention to another business!

Pathetic that anyone things this guy has any credibility in the mining space!

Scott the podcaster - what does he do?

The market doesnt value anything at full value, otherwise everything would be 0% movers

the issue why ECR arent near 0.42p is ECR numbers arent there!

The numbers are the numbers and thats what the market sees

no production numbers for months so no upgrades will happen until they have continous production numbers

Im basing my opinion on the facts presented in front of me, not words from someone that has fallen short multiple times on promises

IF and BUTS dont cut it, the fact is the two company brokers have highlighted that a) they arent in commercial production b) the production numbers arent actually that big and wont cover G&A until the insiders change their view, Im certainly not changing mine

Just goes to show you actually don’t know what you are talking about and I can’t keep spoon feeding you.

Allenby issued a broker note in Nov/Dec last year and revised it in Feb 26 including Raglan!

You really are an amateur aren’t you?!

Their brokers are saying it won’t cover G+A

I suggest you read the 2 broker notes!!!

If Raglan production commences from early in Q2 2026, ECR revenue and EBITA could be

about £0.5m and £0.3m respectively in the year September 2026..........

Ie they are not in production, Talkingsense, doesnt know WTF he is talking about

and they wont cover G&A this year- as ive said all along

They need further funds to get BM up and running which will cost over £1.5m and that isnt due to start production until end of 2027/28 at the earliest!

Not sure why its so hard to understand and why ECR wont confirm the very thing that the market wants to know

No company presentations, no timeframes, just drift and BS

OH BTW ask Nick about some of the issues they have encountered, i cant do all the work for you guys!

Years of construction?

Do you guys even know what Raglan is?

people talking about MINES AND CONSTRUCTION

Jeez christ

Nonsense- Allenby note refers to Raglan- go find it yourself

Production is not taking material from testing

production is producing from a known location on an ongoing CONTINUED BASIS

Digging random holes and throwing it in to see whats what isnt targeted production, its a bit like a drilling campaign and saying we retrieved 2 oz of gold we have started production- YOU ARE REACHING MASSIVELY AND ITS EMBARRASING!

Look at Allenby 2025 for the note