Member Info for eshaitan

It is indeed. It makes me wonder where the rest of the 1.3 million estimated revenues is likely to come from year? I think HZ Biotech were meant to purchase quarterly, but obviously they need people to sell onto. There is going to have to be a lot of activity over the next few months to get there.

I read them all. Surely this has to be suspended this morning pending clarification?

Nothing at all. they have never claimed this is a large deposit, but hopefully its something that will be very high grade to make it exploitable. Give them some time they will come good. Unfortunately with no news this is likely to drop or stay at this level as people just don't have the patience to wait.

He and his team have had just 6 weeks to activate the entire supply chain and manufacturing in 2 countries to fulfil the first order, that doesn't seem unreasonable. Until they get that right they have said the other distributors in the wings will be on hold, they have to see if everything works first, they can't afford to get this wrong. I think you need to adjust your expectations. By the end of the year they will be in a materially different place to where they are now. There will be limited newsflow until the initial order is successfully filled and there will be rns's of new distributors and revenue streams coming in thick and fast.

I think it's for the best he says very little, just incase he says something he shouldn't. The company reduced their revenue expectations to 1.3 million this year by 31st December. That means more news should be landing soon of more sales and hopefully uk/Eu starting. Everyone loves an exciting oil or mining stock that could go through the roof. Concepta isn't going to be like that, I think it's more steady as she goes.

at 11.5p just now. I haven't contacted the CEO, but I did see what tom Winnifrith thought of this lull and price drop. He see's it as a buying opportunity.

Mcap is nearly equivalent to about cash in the bank :) That's me 40pc down!

You pay your money you take your chances. Top marks for efficiency and meeting their timelines, but no one knows what's in the ground until you drill it. Onto the next one. I think Timor was their top choice to drill.

mr market is overreacting here just a little. These drills were a first pass and there were less than 600m of them over 3 sites, that's over a very large area. They will assess and I'm sure will be drilling there again soon. It probably just proves Byron was a very narrow vein and doesn't extend out. I'm a way for a few weeks so will listen to what the company has to say and reassess next month.

Just read it. Nothing at Byron really which was a shame. The other 2 sites both found some. Scoulars would be th emost promising but I think they needed higher grades even though there's quite a bit of it.

Could be, I think that would make more sense. It looks like the seller disappeared the last few days of trading anyway. We should be due news on Argentina soon as well, they were planning on starting drilling in August. Plenty happening!

Shouldn't be too long. The first samples were in the labs weeks ago. The trades Friday were interesting. The last 4 were buys, and were over 2 percent of the entire share issue for the company yet the share price didn't move.

Fingers crossed on the results then. I don't think they will announce drilling anywhere else until these test results are in. If they do think they have something there they may want to go back and expand on it.

Yes, but as the share price has fallen well below the placing price of those shares issued the Nav per share has increased. This is a small company, really at this Mcap it's a last throw of the dice. They have to find something in their licensed areas. If they do find something commercial I think this management team has the contacts to get backing to get it into production. So I approve of them throwing everything at drilling and not just sitting back and taking their salaries. Time will tell, I view it as s multibagger or a complete wipe out. There's not much room in between fir s company this small.

Rns. Another license slap bang in the thick of a prolific gold area. And results expected from the lab shortly fir all the drilling done so far.

That doesn't make sense. The placing should have underpinned the share price at a higher level as the cash is in the bank and was an asset. They raised 1 million at 1.8p and received 950,000 after commission, but at this share price the market now values that cash in the bank at 800,000 pounds. No one that took part in that placing can flip at a profit at this level so either the sellers are private investors or other investors that wants out. I went back and checked, the Chinese are locked in for 12 months so they can't sell theirs.

I'm not sure what people expect really. They refinanced, have no debts, are drilling and will announce results in the next 4 weeks. They will find gold and some if it will be high grade. The only question is if there is enough to make a project worthwhile?

Before my time here I'm afraid so not sure how the consolidation affected everyone. I hope they the Chinese investors understand a 12 month lock in means just that. Im still wondering who is off loading shares.

That's how I see it. A good risk/reward. its a funny time to sell when they are drilling Byron, will soon be drilling Argentina, know the 9 drills they want to drill in Avoca and their geologist said Timor is the place he would have gone to first if the transfer hadn't been held up. The old board were charlatans I wouldn't have touched ecr with a barge pole. You can never tell what they will find in the ground but at least you can respect this team for getting stuff done. Let's hope they find something commercial.

I think there has been a seller in the background since the last placing, the volumes have been pretty good. Results should come through over the next 2 months.