Member Info for Dan1605

fair enough tamer, but we've been hearing the same for weeks about creswick.

"the spatial relationship between ****nic and gold are very much in evidence with ecr’s own results at creswick"

"the entire board and geo team genuinely excited at the possibility of being able to confirm an extensive gold lode at creswick"

like i said, bs until proven.

Unfortunately Tamer I don't believe a word they say. The only thing that talk are results from now on.

At this moment in time Tamer, no. We've all read the boy that cried Wolf.

If they have any sense TS they will lease out that 2nd rig and slow down cash burn, let's be honest we can't find anything. As I said last week, it's all fur coat and no knickers at present and no doubt there'll be another upbeat, bullish interview telling us how Queensland will be the company maker. I've always had the impression that AH doesn't rate Victoria.

More spin and BS from the BOD. Adam Jones must be questioning his own ability surely, years of drilling and has never found anything. I guess it's whether you think this is now worth £5m quid. So the "jewel in the crown" and Bluemoon that was tipped to get Victoria on it's feet have both flopped, why should we believe them about Queensland? Nothing remotely positive to say about this, time is running out and so is the cash.

He's a year in and what can we honestly say he's achieved? He's flogged two properties (which Tang could have managed), given himself some options at 1p and given our Geo who has yet to find any gold a juicy payrise. What he hasn't done is buy any shares. Hate to say it but this is looking more like a lifestyle company has time moves on.

"the market makers have dropped the price by 5% today because they see no additional value based on that RNS with no forward guidance or cashflow projections" Yeah because the MM care about cash flow. At least pretend you know what you're talking about.

"and totally at the whim of current politics" So you think the next government will start to close down onshore gas fields increasing our reliance on imports in spite of the pain inflicted on the economy and the population over the last two years. . What an idiot. - jog on muppet.

The question is how much is the leasing of the 2nd rig worth to ECR, nobody seems to know. The maths is quite simple and based on £120k/month burn they don't have enough to cash to cover 2023 opex costs. Don't forget there is £144k to pay for Hurricane. I was hoping a barrage of Creswick result would have lifted the sp but they've managed to screw that up.

You're not wrong Gino, anybody who thinks they won't need to raise again this year shouldn't be investing. IF they choose to lease out the 2nd rig then they could they could potentially lower cash burn and buy themselves a few extra months.

Cash as of 17th Feb was £612k + £360k = £972k. They won't let cash go under 4 months worth of burn imo therefore they they will need to raise raise again in June/July based on £120k/month which just happens to be when they the Hurricane payment is due, you couldn't make it up! Or perhaps you could!

AH has been in the job over a year now and so far he's been all fur coat and no knickers. I'm afraid the clock is ticking here, they've pi**ed a golden opportunity to get the sp moving up the wall.

Melville. Either send me your email address and I'll show you my average or pipe down. Your writing style is very similar to that of the late RX, by somebody with the IQ of a peanut.

I'm sat comfortably, my average is well under .65 so dream on sunshine. You can tell yourself you sold from a profit all you like but if you sold for less than you bought then you sold at a loss. You wouldn't be filling this board with drivel had you made a profit, you're here because you're a loser and watching others losing takes the edge of it. I was investing whilst you were still crawling around in nappies, so not that long thinking about it. Loser.

We should be in the news rich period Legal but as usual we've got tumbleweed. We should be getting a RNS week but as usual we're lucky to get one a month. We still have the missing Bluemoon results. AIM stocks are sentiment and news driven and this lot are well behind the curve when it comes to that.

"the SP will most definitely go lower" lol you'd made more dud predictions than nostradamus and if you don't know who that is then ask your teacher tomorrow. Without sounding like a broken record, you sold at a loss and that makes you a loser.

Cheeers Daramuda, the MM have taken this as low as they can. The next sign will be them gradually buying back. What was interesting earlier was they increased the ask about an hour before that RNS dropped.

Exactly what i've been saying for weeks daramuda and something I've seen many times over the years, brokers pay to disrupt the boards. The fact that he's gone is a good sign.

Bye WG, you irrelevant cretin. Go and spend some time with your family if they'll have anything to do with you. You've lost, it's over.

I wouldn't wish your weekend away, these muppets seem to be in no rush getting things connected. The Q&A might provide some answers.

I've heard few various people whom have contacted Lucan that he is no longer writing the RNS's and comms are now being controlled by Richard Herbert who shall we say is taking a different approach. Herbert doesn't look like the kind of guy to be shoving updates out on Twitter nor bend to investor demands. These people have to remember that this is a PLC and they have stakeholders to keep informed. The last RNS was either very well written to cover themselves against all possible outcomes are very badly written, the former is looking more likely.

We need consistent news flow Tamer, releasing them in one go would not help us at all. This a golden opportunity to create some momentum and far they've delivered FA.