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I have already made the point which Melville makes concerning Andrew Haythorpe. He is in my opinion in his approach more professional than Craig Brown (RIP). He has the benefit of having achieved success elsewhere, being businesslike and also having a back ground in geology.
But as Melville says, its is down to where to drill and success with the drill.
AH does however seem very confident as to ECR's future.
I now live in the East Midlands and am unlikely to be able to attend. I have attended such meetings with other companies in the past and have taken and posted notes of that said by the director addressing the audience and of what is discussed on a one to one basis with, in our case, I anticipate to be Andrew Haythorpe.and/or Adam Jones.after the formal part of the meeting.
A bit of a task but if you or someone else can do it and post a note say the next day I am sure that those who cannot attend would be very grateful.
My apologies for imposing myself on your goodwill!!
I picked up on that BCB but perhaps through my ignorance could not correlate WRM's Dickenson South prospect with ECR's licences. Can you please explain?
BTW - am at Trent Bridge this morning.
We need a chairman since I doubt that Andrew Haythorpe would want to do both jobs; in any event it would be preferable for him to focus on the matters raised in the interview. Also whilst I do not agree with a chairman based in Canada I think that we would be better placed with a chairman based in the UK where ECR is listed. Should money need to be raised we need a chairman with connections in that regard. Also as I have mentioned before the amount paid to David Tang (£80k plus) is excessive.
Agreed. Without really wanting to criticise the departed, I find Andrew Haythorpe's approach more professional than that of Craig with far less flannel; maybe a question of taste.
A must to watch for any existing investor and a prospective investor who can make up their minds whether to stay invested or take the plunge.
Good - then if you are up for it we need to agree a date and time. If you do not mind it would benefit me if you don't mind visiting The Test Match pub WB (Gordon Road) simply because the Mrs has mobility problems and I do not like leaving her for long.
BCB - I am with you about the possibility of a Blue Moon JV. I revisited the results in the 2019 RNS which as you know were very positive.
I am with you on the other points.
J Smith - it is clear that Andrew Haythorpe is a shrewd businessman. There is commercial logic in disposing of land/property surplus to the company's needs. He said in interview that he would have the Philippines asset valued. I think that he is thinking of disposing of that. There are conditions which the company would have to fulfill which a buyer could deal with a) a saving b) raises some cash. That would leave ECR with its assets in Victoria and Queensland.
I may have lost the plot but I do understand/cannot recall reference to NZ.
I agree Mentalmax - director purchases would show the directors' confidence in the future of the company and its assets. One word of warning is the oft quoted riposte which is we cannot because we are in receipt of sensitive information. To which I would sat - if it is sensitive then announce it.
I have retained the subject heading but what Andrew Haythorpe appeared to be saying is that he would be looking at disposing of land surplus to the company's requirements. There is no intention of interfering with drilling on the retained land and by implication development of any resource should a resource be determined.