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One other point about having their own drills is that it doesn't matter how many assays are RNS'd there are always more to come so it will always be the next ones we want to see/ know about , bloody annoying really and it becomes a possible virtuous circle although it seems that some of the bears would want it to be a vicious cycle.

He needs to clearly explain the comment about the Creswick property decline and mine / prospectors licence i.e. 'there is gold there but not enough for a mine' and then saying they can mine and infill the shoots with the waste which will hopefully finance it all going forward.
Which shoots where and what $2/5/10 mill shoots ? We are always left with a lack of information and having to have a bit of blind faith going forward , however that is true of the majority of shares , they give you just enough to keep you interested but not enough to know what is going on until an RNS makes it clear.
Don't like the way the bungalow one was kept back whilst the Creswick and Bailieston were RNS'd on the offer but he did say there were a few legal things that needed sorting on the bungalow so maybe that was the reason and it could have fallen through (thinking property market is always a minefield).
Just need the fence up with the bulldozer delivered (think it was on the way) and then make use of the prospector licence on Creswick but let the market know , twitter will suffice on that (save the cost of an RNS )

Well Burleigh , why their own drills , for me it is not a difficult one .
Contractors availability and cost eventually will take all of the money out of the equation and then there is nothing left so I'm ok with that and the cost of the drill rigs wasn't excessive , they use the Cummins engine so would expect them to last well and they have the flexibility to change direction at a moments notice with their own.
If I'm honest the one I don't like is the last (but probably the first ) purchase of the bungalow . However , balancing that it is an asset and can be sold on .
I don't think we are getting the full story off him and will wait and see what that is , the sudden rush to buy the properties won't make sense until it does.

Don't let your own bias fool you super and burleigh . I think that he needs someone to challenge him that's for sure , I am happy in that the infrastructure is all there to push forward now . No excuses now , it's time to deliver eh?

If orders are sent out by the CCP to buy up the coal then it will be bought up asap at all costs !

He is 81 and based in the UK, that's uhhhh, ummm .................

China is officially panicking.

Now that the global energy crisis has slammed China's economy, leading to the first contractionary PMI since March 2020 as a result of widespread shutdowns of factory and manufacturing, not to mention hundreds of millions of Chinese residents suffering from periodic blackouts, Bloomberg reports that China’s central government officials "ordered the country’s top state-owned energy companies to secure supplies for this winter at all costs."

Translation: Beijing is no longer willing to risk social anger and going forward China will be subsidizing coil and nat gas, which will lead to even higher prices, which will lead to even higher prices for other "substitute" commodities such as oil, which is why oil surged on the news.
https://www.zerohedge.com/commodities/china-orders-top-energy-firms-secure-supplies-all-costs-oil-surges

He said that before Cash and then did a fundraise , which can now be justified with what has been done with the cash . Watch him on the interview when he is asked about cash , don't trust the bugger on that .

Just wanted to thrash it out on the bb as he needs to read it as part of his role . There comes a point when they have everything they need to progress and they are there right now , if they want the sp up then keep doing what they are doing and stop spending like it's going out of fashion .

Not the darker side really Paul , just the practical side and glad that others see that a dual listing is expensive would need another fundraise and with the broker they have push this down rather than up.

With the fencing I guess they can justify the bulldozer as free if they do it themselves on the money they will save , but apart from that it is time to stop spending and start earning .
The Queensland licences will be worth a couple of mill (he said) when they come through at the 50k cost, that is one way of adding value if sold but better to get the gold identified in the ground as a priority now.
Gold keeps taking a tumble and then shooting back up which, in spite of his views on that is a good thing but is better for those that have gold to sell.

Only 25p Earl?

TS , I'm talking cost with the dual listing nonsense , dual costs if it is on two markets and they need shares to service another market and pay the broker for organising it all , the loser in that type of deal will be PI's yet again .
It is something he spoke about in relation to the sp and value of the company but he also said when asked that there was enough money for some time which has turned into a vague response.
If Creswick on the new property doesn't have the shoots that he expects (although he does seem confident about that so it raises the question was one of the core drills quite close to the property).
If it has the shoots then he said that will finance the company going forward which is great if that is the case, also if that is the case the sp/value of the company would go up so why would they need a dual listing .
Also no mention of the warrants , either the ones being sold or the ones higher up that would provide funding as the sp progresses , a raise on a different listing would only dilute the company , exclude PI's from being able to buy any and probably increase their loss.
Brokers don't care about PI's , no institutions were brought in and they won't be interested until the company has a reasonable strike on the gold.
Not negative about the company but uncomfortable with the dual listing comment and associated costs and probable dilution .

China hasn't got many friends at the moment , I do hope they treat Zimbabwe well but Zim won't have much control over the relationship. China needs to fill some gaps with both types of coal , doesn't make an easy negotiation all the same but China definitely wants and needs the Lubu project at this point in time.

It isn't insider information Bridgedogg, it's in the public domain , it has been RNS'd that CGO are striking a deal on the Lubu coking coal and has also been in the public domain for a long time who those companies are.

That was all to do with the Bitcoin rise wasn't it . That is over the counter not an actual listing isn't it?
Anyway it's about ECR not ARB which is a totally different entity , ECR need to increase their gold finds substantially before any dual listing is considered.
Do you work for Novum?

ARB doesn't have a dual listing in the US yet and they have tanked since it was announced ?

I don't know of one company that has benefitted from a dual listing does anyone? Latest was DDDD, but SENX and many others have done it too , no benefit at all to the company or investors only the people who charge to organise it all, don't do it Craig .

I don't think Craigs path has veered since his interview prior to the virus , he has been patient and is now realising the plan .
There is gold everywhere they drill and take soil samples and there is a jar full of nuggets in the safe which I would guess that he takes out from time to time to rattle as a reminder.
Another geologist coming aboard .. they are very busy!

Should have completed now (27 the target date).
I find it quite amusing that they took some soil samples before buying it (estate agent mentioned it) and now they are hurrying to get a fence around it and start drilling and the bulldozer is arriving .
Mull that over !

No prizes for guessing which bucket shop broker is whispering that one in his ear, **** 'em it's Novum wanting to make more money and dilute the company more than they already have, no need for it and no advantage.

If ecr spend the time to look at companies that have done it they will see that . It is just another slimy hole/idea that costs a lot and should be binned.

I was waiting for it to be addressed in the interview and it was with confidence at the end , however they do need to keep the pedal to the metal.
Plan is clear on Creswick property now they will be going for the shoots on that property to fund the company , that means they are extremely confident on the gold finds there, not enough for a mine but enough to fund the company going forward .
All seems a bit surreal and will need to listen to it again , I got the impression that no buildings planned on recently acquired property but planned for Creswick hence the fence?