Member Info for hereandnow

There has been a substantial seller in the stock, gather they have been taken out. Grossly under valued company. Trading under cash is just nuts.

they mixed up 2022 and 2023 numbers hence **** up

so i helped finance this, met the vendors (who own the asset and a chunk of frg). they've bought this for a tiny fraction of the build costs. it's all in very good condition, it barely got started when glencore pulled out of country having fallen out with the previous political regime. they have plenty of buyers lining up for end product. there is huge demand. they have plenty of ore on the ground to process. finance is in, it's pretty sticky, largely as the upside on this is mighty handsome. quickly into cashflow with first two kilns and all costs/expansions financed from cash flow. looking forward to the broker notes, some of the early '*** packet' maths suggested an irr of over 1000%. even if you divide by two and two again and two again that gives you over a 100% irr which is sensational. operational risk is firing up those kilns, they were inspected during the dd so crossed fingers it all goes to plan. by year end this should be a very different company, making money not chasing dreams with limited cash at disposal.

Total's quarterlies out recently. The huge Namibian discoveries are front and centre for their medium term growth. Fabulous partner for ECO to have.

We have had over ten in the data room for Guyana which is drill ready and 100% owned. Farm in coming.

Chevron have just farmed into the Walvis basin....ECO has the biggest acreage position there, well covered in 3D.....The Chevron move fills me with confidence that ECO will find a significant partner there.

2025 looks like being a very exciting year. All three assets farmed out and drilling?

Excellent news today, real commercial progress. Still trading under cash

From Galp's results yesterday,

"The exploratory activities identified significant oil columns containing light oil in high-quality reservoir sands and confirmed a lateral

extension of one identified target. The reservoirs log measures confirm good porosities, high pressures and high permeabilities in

large hydrocarbon columns. Fluid samples present very low oil viscosity and contain minimum CO2 and no H2S concentrations. The

flows achieved during the well test have reached the maximum allowed limits of 14 kboepd, potentially positioning Mopane as an

important commercial discovery. In the Mopane complex alone, and before drilling additional exploration and appraisal wells,

hydrocarbon in-place estimates are 10 billion barrels of oil equivalent, or higher"

And now Chevron is the first major to farm into the Walvis Basin. Eco's blocks surround PEL82. ECO's blocks have had tens of millions of dollars spent on them on seismic acquisition working up drilling targets.

So, ECO has farmed out 3B/4B to Total , has a free carry and will harvest plenty of cash along the way. ECO has got over ten companies in the data room re. Orinduik farm out, 3/4 serious contenders will offer deals. Now Namibia is seriously in play.

Multiple huge discoveries in the region. Venus, Graf , Mopane. Many tens of billions of BOE. Chevron has just farmed into the Walvis. ECO has the most acreage there.

By year end , three farm outs in place with majors. Visibility on drilling on all our assets.

ECO hit a market cap of £360m back in 2019 on the Guyana discoveries, no reason they cannot get that kind of valuation again.

There was a bid for this company at a shade over .2p . Not surprising considering they have a £9m cash position.

They dealt with him early! What time was he booted?

This should be funny.

Can we have a sweet stake on how long until they are booted?

1/. By 10 am

2/. 10-12

3/. 12-2

4/. 2-4.30

5/. after the close

I'm going for No. 4 as LSE is pretty slow at these things.

'here today, gone today'

A couple of great posts with which I fully concur.

Very old school...haven't seen stuff like that for years!

Great announcement for @wg_plc

yesterday. A ten year contract with the first 12 months yielding $10m of revs. These revs will grow, they are just the beginning. Margins look to be 60% judging from their other MSC in Sierra Leone. They have £800k in the bank to immediately get the project going. They are looking to fund the rest of the capex via debt. Indicative terms can now be offered as the contract has been signed and delivered and the exact terms are known. The stock has traded huge volumes the past few days. It's turning from a 'jam tomorrow' stock to a 'jam today' stock that will be valued on multiples of profits as time goes on. Worth remembering they were hoping to sign two MSCs by the end of 2023. It didn't happen, delays! They have just got the first one over the line. More contracts will come, particularly following this one. Ratification not only gets the contract moving but gives another stamp of approval to @wg_plc

That is what Pulsar Helium has discovered in Minnesota and the discovery hole flowed so hard it short the drill core out of the barrel , sounded like a jet engine apparently! It's in the USA, the biggest helium market in the world.

It's the highest concentration helium discovery ever made. Listed on the TSX.

Still time for all the knockers to come back to the light side. The dark side is such a waste of time and energy. Hope some of you have reformed , if you had you would have been 50% up and happy.

Considering where the SP has come down from, there is so much upside from this lowly valuation. You have a chance to make some money back, there is a long long way to go.

Come back from the dark side, enter the light, you know it makes sense.

Morning all, hope you all had a splendid Easter break.

Is this finally our time? Very pleased to see this contract about to be ratified and the company has £800k ish in the bank.

Ratification on its way it seems....nearly a three year wait.

26p target is hysterical...but you never know. This will multi bag over time with that DRC contract.

Great to see the share knockers still plying their trade here.

Happy days

That is why they have a partner process on going!

And don't forget the Orion facility and the banks...

In the mean time they have $35m in the bank!

We dream of 3p...let alone 4.5p....happy days if the SP gets back there.