George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
Dealflow could mean more than one deal. From a JV, to a sale and or a sale of the tax losses. First things first are the Kuboid Hill initial assay results. Those for Davey Road took time but as I understood it those at Kuboid Hill (perhaps the earlier samples) were being fast tracked.
Correct Tamer - they have delivered on three which are namely salary sacrifice, disposals and drilling.
They are NOT, as stated in your earlier post, delivering on tax losses. I am not critical of that fact. There may be negotiations but it is not a done deal as implied by you.
Inaccurate posting does not help investors and potential investors.
AJ101 - I understand what you are saying to ReeTech. Unfortunately SmartPunter started a war of words with Persana investors on the PRE board and they - Ree Tech included - counter on this board.
If SmartPunter would only wise up and stop attacking Persana maybe ReeTech and others would quieten down here.
I personally find the exchanges childish and unhelpful to investors generally for at the end of the day unless one is shorting a stock one should be wishing all bulls success. Nasty, childish and stupid.
BlackHopper - Nicepair is Notrex who in turn was rxdav. It is quite possible that Nicepair is one and the same as ScarletVixen. Together they appear to be embittered losers who have lost money in the market and attack companies in which they were invested and in which they (he = Adrian) have/has lost money. Unfortunate but as you say C'est La vie. I will no doubt get a reply attacking my use of English!!!! He likes to criticise as if he is an expert which he is not.
TS - Nick Tulloch suggested in his interview with Sarah Lowther that ECR might (no more than might and along the lines of why not that's what we should be doing). Altho not specified by him I read that as including ECR being a partner in a JV.
My penny worth. I have averaged down and am pleased with the measured approach conducted by NT, MW, AJ et al. I like the explanations of progress. My recollection of 2019 is that ECR had a decent drilling campaign at Creswick and that there was the possibility if not probability that ECR could JV with A N Other but that Craig Brown decided that ECR could and should go it alone. Feel free to correct me or add detail to what I have written.
We know that MW has been an ECR investor off and on over the years and I believe he has followed ECR's progress in detail. I further believe that Adam Jones has had discussions with another or other geologists regarding ECR's geology and has a clearer idea where best to drill following on from the 2019 campaign. I hope that I am not being patronising when I say that. In short, if the Kuboid Hill assay results are as good or better as/than Davey Road and with or without any other target, I am hopeful that ideas of a JV can be resurrected and discussions with a third party take place and lead to a JV.
Any deal with regard to the tax losses could be left to general management costs and costs of exploring Lolworth and if the application for the new licence is successful exploration of the add on Queensland licence. ECR could land up a very decent investment subject to the restrictions and poorly regulated AIM market. Every thing has a value. Perhaps by their novel approach, the regulators can learn from NT and MW how to regulate.
I saw the MW/AS interview first thing this morning when it was published. I asked you the KH question yesterday. I received no reply from you.
I won't comment further save to say that your posts are a waste of time and you know and understand far less than you make out you do.
Have a nice day now.
A thank you from me also Talking Sense for a sensible post. As for Tamer all we get is flowery ramping which adds nothing to consideration of the merits of investing in ECR. Yesterday I asked his opinion on an aspect of Kuboid Hill - no answer.
I keep returning to the map attached to the 12th December 2023 RNS (the Creswick drilling programme) - best found on the company's website which enumerates the various points like Davey Road and Kuboid Hill under consideration. With the current drilling programme, I find that particular map helpful. MW's comments ref follow the operations?
Various possibilities:- where Tang lives may not suit NT and MW - communications; cost savings - year to 30.09.22 Tang including consultancy pre tax £76,700 - Davenport as a non exec just over £40k and so pre conversion to shares there is a saving; MW will know that David Tang is not the most popular of the management amongst many LTH; NT is a retired professional with a city firm and I guess qualified to undertake the chairman's duties. I am sure other posters have views.
Tamer - I don't filter posters but may make an exception with you. I just do not like wild ramping not based on fact.
That said, please give me your considered view on when we might receive the INITIAL assay results from the Kuboid Hill drilling.