Member Info for eatstocks

Can someone translate what this idiot is writing I cannot make sense of it.

Hi all,
I'm not invested here but I'm a PI invested in a few AIM. I'm not big fish. I created wikipenny, which then became sdsg after talking to other PIs who were also organising. Long story short, we have a community getting PIs together on discord.

We have never interviewed anyone, but IMC want us to organise a PI Q&A.

I cannot share the discord here. Also you dnt have to join. But I'd like to have concerns from investors.

I'll post again tomorrow about it.

Mcap will rise with future drillings.

I thought Bill was clear in every interview he did they had not intention of getting into mining and were focused on exploration.

It's Australia they'll need a mining licence, an environmental impact assessment....

They are an exploration company the asset will be sold. No waiting for getting it out if the ground.

What's the demand for medical grade. Just sayin'

Well done mate that's correct. Slow clap

There is such an army of nutters, I'm not sure how most of these stocks on LSE find the time to deal and reply to them as well as run their businesses.

Sorry but what are you trying to accomplish here I am failing to understand.

You think shareholders on there are going to become you pen pals? Sorry but I got a letter to my mail box from someone I never met, I'd be seriously concerned and would probably complain to echo.

You are not happy with their investment in Chile, well tough **** you don't run the company. I personally have absolutely no issues with it.

You clearly put way to much money on echo and are now trying to put the blame on someone else but yourself. This was always a very risky investment, MH has been pretty clear about the state of the company and what they are trying to do.

Russia is the 2nd producer with 17% of world output, according to ...... The Bushveld website

I would like to add that the "uninvested" here, who are currently frothing at the mouth, the real investors currently being concerned over the lack of progress or evidence of, have not changed their opinion of you lot. At least I haven't!

I got that, but like you said "we don't know yet". Patience is wearing thin for many. It is highly overdue solid results and facts are published soon. We can speculate for ever.

I have less issues being invested in a company having difficult times and a falling sp when information is solid and their are REAL indications that the ship in on the mend, than one where we heard about the carpenters being on their way but yet multiple moons later not a single sign that the ship isn't already at the bottom of the ocean or actually sailing back.

So at the moment I agree with both sides of the debate, as it is hard to argue with anyone when there is so little information.

Where most people have issues with here ARahim concerning this renewable investment, and IMO rightly so, is that if Echo were in a financially solid position and decided to throw a few quid in this, we wouldn't care. However, they are not in a position to do that, unless somehow they have been selling most of their gas at spot price which I doubt and as you say in your Bank thread, there is indeed some solid results just about to be communicated.

We can all speculate on the good and bad here. I am not particularly excited about the solar plant deal. I don't think its a major bummer as others seem to think, but really it looks untimely, and I hope to be proven wrong.

Not defending here but they did mention possibilities in renewables in the past but from memory that was in Bolivia.

Also in the past work overs on wells were seperate from production updates. Eg. Last time we'll update was 10 days post-production update.

Correction read that wrong "total 2021 cumulative production from Santa Cruz Sur net to Echo's 70% interest reached an aggregate of 567,370 boe (including 2,920 MMscf of gas)."

"Following the Company's announcement of 24 March 2021, relating to new gas sales contracts for 2021-2022, the Company has now agreed summer and winter pricing for its annual industrial clients, with the contracted winter premium providing substantially increased cashflow in the near term for future operations and production enhancement work programmes. For the committed production over the key southern winter period (May to September), the Company will sell natural gas at an average price of $3.52 per mmbtu, which compares to $1.35 per mmbtu for industrial clients the previous year."

Anyone knows what the summer pricing?

This is rather critical. From 1st of JAN to 14th of June we produced net to Echo 1470 mmscf, in Q4 alone we did 2,920 MMscf of gas (or roughly 2,900,000 MMbtu).

We were not provided with the summer rates or I missed them, and it would be intresting to know what the volume is in the contract and how much of it was sold at spot price. Back in May we sold a small portion at $5/MMbtu which is insane.

While spot price did dip after the winter season they are still very high. https://www.ceicdata.com/en/argentina/energy-price-by-product

https://twitter.com/wikipenny1/status/1482778800362606599?t=eDm2-ysU2k_pGbVEK3hTCw&s=19

Since hedge is being negotiated for the year and we don't trade on spot price who cares. I don't see a false breakout and even if there was a trend reversal it's too late now.

Clearly you did not bother to read why the Bonus was so high. It was explained multiple times. MH has also reduced his salary.
This BB is like most LSE a cess pit of baseless comments.

Good luck to all, I'll just stick to the discord for discussions. This place is a waste of time.

Even if copper dropped 20% it would still be higher than it has been for 10 years.