RE: Your summary and due diligence22 Sep 2022 10:17
They're in the middle of a DD campaign on their gold licence. Updates should filter through from the end of this month. Newsflow on their VMS and rare earth from early next year. Presentation says 2 year budget (from Jan 22). CEO has London markets experience working at Brandon Hill and listed company experience with Scandivanadium. Management team have significant experience in Kazakhstan working with majors. One of them is a rare earths expert and involved with one of the few REE projects outside China. What is ECR but a lifestyle company that's not developed any asset into production?