Member Info for Digittt

What Nickel price were those NPV's assuming? And what size Smelter were they assuming and for what cost? If the Smelter adds a stupid amount of capex, even with the higher NPV, need to think through what additional (eg dilutive) financing would be needed.

What are the expectations for the off-take? ie how firm do folks expect it to be able to be given this is pre-feasibility currently?

Can't remember if Adam H was saying off-takes were expected pre-feasibility, but will be a little surprised if that's the case. Not an expert by any means but my limited experience with this is to have some equity funding get thrown in by potential off-takers giving them a %age of the company (and any capital funding obligations) which also then secures their %age off-take. Clearly not a universal solution but I always thought that would only happen post-feasibility. Apologies, I've only been in the share for around 1.5 months and am still building my knowledge.

Can someone remind me of the maths moving from 62% Fe to 59% Fe? Trying to remember if it was fixed maths or negotiated? Many years ago I did the maths on a premium for a client's 66% Fe ore....but memory of the maths is long gone.

Filter is the way, only wish it could filter out any responses that had the word twerk or Toine in it

One way to avoid that is to make it competitive with multiple pharmas bidding...that requires likely successful collaborations across multiples I would guess...and a lot of very clever maneuvering. That would be to deliver upside to the upside though so believe we'd all likely snap at £1....+VAT :-)

As much research as on Hemo with as enthusiastic (although more myopic) a chat group. I knowingly took the risk bet and it didn't pan out. I also operate in the project finance (and mining) sectors so am aware of the risks and understood what CF was trying at SXX was exceptionally difficult with the route he was pursuing. But...they weren't too far away from getting it done..although they were spinning their story massively. They were also cursed with a market that tanked twice at inopportune moments and that's when having a strategic investor with long relationships with banks would have steadied the ship...it didn't and the spiral started. Anglo got it for a song.

JHFH - think I've said this before, but my version of that thinking is I assume there's a take out that gives us nice money, but not ludicrous money...ie we're all in it for ludicrous, but the depressing accountant in me can't see us lucking in like many others have and the SP hitting £X+ with us still being shareholders...ie someone will swoop in and give us a choice of nice money and a promise of endless support and the fanciest of labs for the scientists ...which Vlad might find hard to resist.

You got away cheap. I never did the full maths as it was horrible but my number was above that but below 6 figures. Spoke to someone on Monday from up there who says the project is developing very well. They always needed a strategic investor to get the financing away...I knew that...I should have bailed but lost it all on blind hope. Shoulda, woulda, coulda...

So much more fun risking it all on super-mice and their antibody friends.

Chad...did you have to start my Friday by mentioning Sirius!?!! Trying to build mojo for the golf course, not sink into the sandpit of despair.

RNS'es were earlier in the week...

You mean other than the 2 RNS'es? I would assume no one is actively following, so I suppose it could take a while for RNS's to be picked up and digested.

But - Cu suffering it's largest drop in I don't know how long...Brent down below $40 again...can't understand the lack of excitement in this low risk certainty of a share....

Only real clarification for me is if by inflection point Vlad was referring to the share price inflection point earlier in the year or an upcoming one when an EL contract makes it a self-funding business / company with a product at a decent point in the development timeline. From the phrasing used I believe it's very much the latter. It will hurt like hell if that's not the case.

Fair enough, think you're right. Call me a cynical old fart then for not seeing that despite reading it twice.

Rather than calling me a deramper, call me a cynical LTH. " is pleased to announce the completion of an initial assessment"...but nothing suggests they completed this now, rather last year. They then say they've started a feasibility study.

Don't get me wrong, glad to have the comms, but can't quite figure out why they couldn't announce the completion of their initial assessment last year when they did it. This is just a holding RNS to me to at least tick the box to say they are communicating with the shareholders. And I guess I'm OK with that, as long as there are more coming and they're not going to have to keep dressing up last years work as this years.

Thanks CE, so at the same price, so there goes that theory.

Memory getting hazy, but what was the equity issue price a couple of months back? Is the option price adj not to do with issuing options to the boss not long after the equity issuance at a price that raises eyebrows amongst those who got in on that issuance? Or perhaps it wasn't disclosed at the time and should have been.

No idea myself, just thinking. I'm of the view that no one would allow options to reprice upwards out of the goodness of their hearts - there will always be a decent reason.

Email back from the company...at least we'll hear something within 12 days:

Thank you for raising your concerns with us, we welcome investor feedback and have taken yours on board.

Although we recognise some investors would prefer more frequent updates there is a limit to what we can and should make public. It is a principle of the QCA Code, which Echo has adopted, that we communicate how the company is governed and is performing by maintaining dialogue with shareholders and other relevant stakeholders and to that end, since March 2020, we have issued over 20 RNSs, three presentations, and carried out an online Q&A with shareholders. The RNSs, presentations, and Annual Report are all available on our website. The interim report and an updated investor presentation are due by the end of September.

We look forward to further updating investors when appropriate as operational activities continue.

No seriously, do the IGIndex account like i said. It shows live trades down to the tick, good charting functionality...lots of flashy blue is good and flashy red is bad. I'm not clever enough to know what diff there is between a CFD price and a market price (someone can educate me), but the pricing is bang on enough and matched for me when I compared sitting next to a bloomberg terminal feed.

Have learnt to use the CFD pricing as the spreadbetting pricing was off. Again, happy to be educated, but it's live /representative enough data for me for almost anything I look at. If I recall ASX feed may be 20 minutes delayed.

Open an IGIndex CFD account...live prices all the time. Every few years they get grumpy and shut down my account for not trading...I open up a new account.

DH - not looking for one myself...looking forward to Friday golf. Well trying to...but perhaps I'm a little feisty as I'm being dumped on for a variety of household non-incidents at the moment.