Member Info for GAZALA69

Hello Paul.

I've been watching this since the 5p days.

Love the asset.

The licence saga has thrown a curve ball but this has allowed me to buy some yesterday at a very reasonable price. The company has spent circa £11m so far. They will get those licences back in my opinion, and when they do it will be happy days for the company and Sri Lanka.

I can wait.

I think that the licence issue will be resolved in the not too distant future. There is too much at stake financially for a country that is on the brink.

I can think of only two reasons why a small few are acting badly.

1. They are waiting for a back hander / brown envelope (the only currency known to people in authority in these types of countries)

2. Someone else (firm or country) wants the licences and they will give the bad actors very big brown envelopes if they can make it happen.

This asset is huge. Has the backing to go in to production.

I just hope that the BOD have not just been twiddling their thumbs whilst this has been going on.

Are you still in this PaulFG?

I love your posts Spotify.

They always make me smile.

You are a true wordsmith.

I completely agree John.

Noted.

To add to the comment from Fox. Welcome by the way.

There is also revenue from Fox Marble.

Fox Marble will also be supplying some (if not all) of the Marble for the modular homes (kitchens / bathrooms etc). Inter company transaction so to speak.

Goodbye Nobby.

You've been a blast.

Nobby.

Type in google. ECOB RNS 15/06/23.

You will see the following:

· New purpose-built factory building in Albania completed close to the new port terminal at Durres

· All plant, equipment and vehicles previously operated in Dubai now located in Albania

· Operational team relocated from Dubai to Albania

· Reassembly and commissioning of plant and equipment proceeding apace at the new factory

· Two supply and manufacturing contracts signed in place ready to be fulfilled valued at €114 million

In addition, the Group has entered into a manufacturing and licence agreement with North Eco, a third-party company proposing to build modular housing in the United Kingdom utilising the intellectual property of Eco Buildings. Under the terms of the agreement with North Eco, Eco Buildings will receive 30% of the gross receipts of each unit sold by North Eco. The Company is also in ongoing discussions with potential additional customers for its modular housing product.

Modular housing market share is expected to grow significantly over the coming years as developers and nations seek to address the substantial shortage of stock and issues surrounding quality and affordability.

20% free float as the the 80% is locked in for a year.

The above more than covers the +£500k per annum.

....... and will you posting anything positive about ECOB going forward nobby or have you joined today to target this company to suit your agenda?

Every board has one.

Glad that you joined today to save us all Nobby.

Your eyes do not deceive you Matty.

You have not gone blind my friend.

Yes. Long may it continue and with better comms , it might.

Agree with Edgein.

One would be unwise to bet against COPL when there are also many positive variables in play. Time will tell.

Come on Art. We love you really. Release the positives.

I'm not accusing numnuts. I'm wondering.

I wonder if Art and Co. receive a few brown envelopes for aiding and abetting this activity.

There you go Joe.

Additional information.

All the production will be done in Albania in Q3 onwards. Cheap as chips as and the original team in place.

Will be licencing the sale of the ECOB's buildings in the UK and we will receive 30% of each modular sale. Money for nothing.

Nice. Plus we have the litigation in play.

Regarding the litigation. I am with Freetrade. Have any of you contacted Freetrade or heard from Freetrade in relation to the preference shares?

......once

ROFL

Only been invested a week or two.

I've been here 2 years.

Sorry about that Bolton.

Fingers crossed eh.

Thought it might be fun (hic) for posters on here to state their current average.

No point telling porkies and there is no point disclosing your holding.

Mine is 4.15p

Taps fingers and waits for the banter.