Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Awareness due to the potential of the share
A stronger share base
Trade count increasing as more and more investors pile in
All licences are our own
Drill programme with no reliance on outside parties.
Fast track to results of drill programme
Farm in potential
New licence application
1st Class CEO with plenty of experience bringing mining companies to production
1st class geologists
With major shareholders holding 73% of the shares when we get some up to date news this should re rate to a new level.
Geno with your tongue in cheek valuation a lot on here will be driving bentleys.
You could buy another restaurant
In March 2017 the ECR price was 2.07
On December the 4th the price of ECR 2.58
An increase of 24% over three and a half years
If you think about the amount of progress this company has made you can well understand why the CEO things this so undervalued.
Compare this against other gold explorers who have no where near the potential we have whose shares have increased ten fold. Looking forward over the next few months to see if we are that much undervalued
GLA
We as shareholders are always at a disadvantage when it comes to placings and the warrants that are attached.
Suggestion
A fund set up with a major broker where money can be deposited into by shareholders.
When a placing is imminent especially when that broker is the one raising the money a non disclosure agreement is signed by the shareholders in the fund. If an investor is happy with the company trying to raise the capital he agrees to invest in that company. There would be a cut off point so the broker knew how much is available in the fund to contribute towards the placing. Once the placing has taken place the investors would have their shares taken out of the fund and placed into their account. The broker would still get his placing commission and a commission when the investor sold his shares.
This would also bring in new business for the broker.
One of the disadvantages would be opening account with another broker unless you were with the one with the fund.
Another disadvantage is knowing AIM rules and regulations if it would be possible to implement
Right guys pick the bones out of that
Companies have done something similar in the past but there needs to be something to benefit loyal shareholders
so happy for any suggestions
Waiting to be shot down so here goes
GLA
Was thinking this would be a slow burner and heading towards 2.50 by the end of the week.
Now thinking it is better to get these out of the way before any good news arrives.
Gives us a stronger position negotiating any JV and also a chance for those wishing to top up
at a lower price in the next dew days. Every cloud has a silver lining they say GLA
It would be nice to have all those you mentioned in a six month time frame but unfortunately its is not me
you need to ask it is the CEO. I would think we will get an up date in the near future as to drill programme, as to the JV it is not in our hands but the prospective JV partner or partners. We do not know what progress has been made in these talks nor
if the offer is what ECR are looking for. Sorry i cannot be more informative. GLA
You can see with excellent grades and a JV what you can achieve from a market cap perspective.
Early this morning GGP had a market cap of over a billion pounds . Now look at our market cap
12/13 million. Once we generate a larger investor base we should begin to see a substantial rise.
I would think most investors here have enough skin in the game so it is imperative we attract more shareholders
to fuel the rise.