Member Info for daramuda

Oh yes Sir. Have not been frightened out!! imo Andrew Haythorpe has not taken to ECR without due consideration on his part. Drilling results have been bitty but I still believe that the company has some decent licences that will bear fruit.
Frustrating - yes. But the Oz buddy might well be right and if he is we will all benefit. Thx 4 the response.

Bitcoinbuyer's best mate's brother's buddy in Victory to bear fruit? You are a hostage to fortune bitcoin!!!

It's not gone unnoticed. I guess though there will be an RNS when either AAA or DEV relist!!

Seriously, can we stop the *****ing. I think that we all understand Melville's point. I found yesterday's RNS encouraging. It will be interesting to hear what Andrew Haythorpe has to say about the geology in his interview after his visit to Victoria.

Well bitcoinbuyer that's better than the word in one's lughole from the geezer in the blowupthebaloon.

I will believe it when I see it. Sounds like your plate's brother has titanium in his formula.

I see little point in arguing. I have no idea which of the posters is a geologist or miner. I can say that I am neither. I have no evidence that the new CEO Andrew Haythorpe is a mercenary nor just ceo for the purse. The non exec Andrew Scott speaks well of him.
I await the outcome of the visit of AH to Victoria and once at the respective sites discussions with Adam Jones. I am hopeful that there will be interviews of AH in the not far distant future; maybe even in conjunction with AJ.

What ever the merits or demerits of today's debate, in one joint interview last summer, Craig Brown and Adam Jones agreed that there would be a mine on each of Creswick and Bailieston. Whilst time will tell I am satisfied that there is work-in-progress worth backing in respect of the tenements and will leave my money in and may well add in the future.

To those concerned about delay you might want to research FCA news. If you do, you will find that FCA staff have voted to strike which is bound to cause some delay in the administration of FCA decisions. Bear in mind that the company awaits approval of a prospectus by the FCA. Patience needed.

Hence I added three times last week.

Thank you for spotting that Longlad. The 50 SMA has been slowly climbing since about 22 February. The 200 SMA has been declining but imo with some increase in the share price could level and then increase. But overall there is a possibility that the 50 SMA will cross the 200 SMA and thus we will have a golden cross (ideally though the 200 SMA should also be increasing at that point). A golden cross will attract TA traders.

based on an auto system which fails to analyse the nuances.

These are shown at Page 39 of the annual report for the year ended 30th September 2021. Available on the company's website.

Of those warrants there are 49,500,000 with an exercise price of one penny. These can be exercised up to 19th April 2022. I wish I had some.

Good luck to you Bigmj with your 5 million!! However if all 49.5 million are exercised, that will raise 495,000 which added to the £ 1.23 million as at 31st March 2022 leaves £ 1.72 million cash reserves.

Accordingly Simply Wall Street had not done their research; it is a blog based on an auto examine details or analyse the nuances. I am guessing but we could see a TR1 next week to take into account yesterday's 5 million trade; hopefully positive.

I believe that Alan Green is organising an interview of the new ceo. I expect that the new ceo will explain what he sees as the attraction for accepting the appointment.

When announcing the accounts for the year to 30 September 2021 on 31st March 2022 the chairman highlighted:- 1) cash reserves as at 31 March 2022 of £1.23m and stated that there is no need to raise money in the interim 2) an increase in net assets of over £ 3 million compared to the year before. This results from the purchase of two properties (in the accounts) whereas we know from the chairman's comments that we have purchased three all of which have increased in value; also drills have been purchased.

I do not have a handle on the number of warrants still to be converted nor at what amounts but those will bring in revenue.

Personally speaking and not intended to ramp the company I find the article to amount to lazy journalism. Wall Street have a model from which they do not depart but that does not allow for an analysis of how monies have been spent and in the case of ECR does not deal with the rationale behind the purchase of the properties and the reduction in the near to medium term of drilling costs since the company does not need to employ outside contractors given it has its own drills. Also we know that the company has reached a deal with the owner of the Blue Moon land to allow it to drill.

Thus I am not concerned.

Same on Interactive.

It took until the ************* criticism was published for Millholland to bother to release an RNS (which referred to the word "prophets") to the market giving some form of clarification. There was a clamour from posters from 2.30 pm Friday for an explanation, yet nothing until yesterday.
In my view it is worth recognising that the shareholders in the company are in the main private investors and not institutional investors and ask why.

That clarification should have been released to the UK market on Friday together with the results.

Stas20 - whilst I await the justification which I earlier sought, may I ask you to ask Cathy the following. Why is it that Millholland managed to RNS on the UK exchange the huge find on 10th January at 7am which would have been 12 noon Eastern time, when. on Friday 1st April he authorised the release of the full annual financial results ONLY on the Canadian Exchange at just past 7am Eastern time and did not authorise the release of them on the UK Exchange at the same time which would have been 12 noon. Or am I mistaken?

With respect Stas20, you did not answer my question and justify your point 5.

Stas20 - item 5 in your list refers to institutional investors. With the greatest respect, what institutional investors. As far as I am aware there are very few and where they exist with small holdings. I would be delighted if you could tell me that I am wrong and provide evidence of the names and holdings in support.

Illusion is correct. Although in a different discipline and in the UK and not Canada, where a Petitioner applies in the Family Division for a Decree Nisi of divorce, provided the court staff are satisfied that the procedural steps have been complied, that Petitioner's application together with many others are placed before a County Court Judge who pronounces the Decree. A layman might describe this as rubber stamping but in reality in the CUDA case the administrator through his/er lawyers will apply for an Order to approve the sale and I suspect that application will be heard in the same list of cases as others and an Order made. I do not know if the hearing of the application can be expedited. I hope that helps.