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So that is what was happening , an oversight or whoops moment! Onwards and upwards then!
They are well funded for the moment G.Star , depends what happens from here but more money to come from warrants if it all goes well , see what they have in January '23 .
No contract driller at the moment either max , new drill must be in Oz surely!
"The purchase price of the property is A$887,500, has been settled in full. The purchase has been funded by the Company’s existing cash resources. As at the close of business on 17 September 2021 the Group had £3,400,000 (USD equivalent $4,650,000) in the bank after paying the full settlement for the property."
What the warrants have contributed to the company I have no idea, expenses were running at $75 k / month (call it £60k)
Balmaine , they are the operator of the Ballarat mine and Loddon Gold looks like a private individual as they only have gold on their application , a chancer perhaps?
Yes, 7540 if you look at the link I put up.
Could be an oversight , could be withdrawn , could be they don't meet the criteria , could be any reason but does show they are at least looking at those applications with a view to ???
Red Rock not been accepted on the joint application ? https://earthresources.vic.gov.au/licensing-approvals/location-of-licences/licences-near-me#lat=-37.5556021949562&lng=143.84910513564049
Hmmm, something changed on the joint applications so they are at least looking at the licences , though they had all been accepted previously , one of them not been accepted yet.
Well, they got around to it eventually ;-).
All in the plan I suspect as the drilling ended for Bailieston to begin although it does appear that 6907 was fortuitous they probably had the heads up on it as Adam said in the one interview the licence apps were proceeding well.
Maybe the re application will give Earth resources a nudge to sort out 6713 as they open the ECR file and then it will be all hands on deck!
The DMS with those 3 licences is a valuable asset that other companies would snap up if they had the opportunity. That is of course my opinion but it doesn't take much working out lol.
https://twitter.com/luckyorange1812/status/1479800441357676547
Provide the evidence , good job James listened to the PI world interview eh? Can't educate pork!
He doesn't want to listen Dan .
First thing joint broker did was ask ecr to put warrants on block listing so PI's have no idea what is happening , then they offer to do a fundraise when sp was 3.75 (miraculously what 40 million warrants were priced at , wonder how they came to that no.) , then fundraise at huge discount of 2.2p after sp had miraculously fallen over a period of two weeks or so , which would have been around the time that a fund raise had been discussed. Even Alan Green commented on how miraculous it was in relation to ECR in a sarcastic manner of course , everyone knows but nobody can stop it happening , they know that nobody can stop it and anyone who thinks it doesn't happen has their head in the sand.
Couldn't possibly have been shorted could it with the shorters knowing exactly what price they could redeem the shares at , from there it is rinse and repeat to take it right down . No idea what's happening because of the block listing totally crashes the sp , happens time and time again yet our James is in denial lol.
Broker doesn't care what price they get away at as they get a %, they get paid for the fundraise, they get paid by the company to trash the share price .
And that is the modus operandi of a bucket shop broker , not rocket science is it!
Could be worse , Berenberg could be one of the mm's , they are brilliant at shorting and bringing a share down .
How many price monitorings were there for the last year throughout , brokers supposed to use them to check .
One company went from 30-80p and back down again no price monitoring and not dodgy at all .
Deleted trades , what are they all about ?
Aim , it's brokers and mm's honest as the day is long lol.
Bloody brokers and mm's short shares , wake up James !!
PI world did an interview with a former market maker (surname crooks ) in two parts , he was very honest and open and spoke about how they would move prices around , listen to both and learn something.
Get off your high horse and find it yourself , if you weren't so bloody rude I would have given you a link .
They pop and ecr is popping . Are people buying or is it shorts closing (bit of both maybe)?
Adam looking at the latest cores and the aha moment is probably something that gives him direction on the geology of the Bailieston reefs and will look forward to his eureka moment being explained , probably next week .
7538 on the map I linked in js, four applicants and the way the Ballarat mine has been having its hand slapped I think that there is a good chance that ECR may get it , if they do I hope they sell it on or bring in a jv to explore that area.
It would be a valuable asset to be honest but it will be time consuming and expensive to develop.
Keep an eye on 6713 (ecr only applicant) that is a total game changer as far as the DMS / Creswick is concerned, as the only applicant then they should get it considering the set up of ecr .
7537 is a bit of a nightmare (my opinion) but if ecr get it someone else will be interested , if someone else gets it then it is a few years before anything can come of it because keeping everyone happy will be an expensive enterprise. https://earthresources.vic.gov.au/licensing-approvals/location-of-licences/licences-near-me#lat=-37.492036251591195&lng=143.9737313267406
Did you make your fortune on bitcoin bitty?
ECR due to gap up , looking like a strong move this time.
You viewers eh? So good you had to watch it twice lol.