RE: My 2 Cents25 May 2022 10:03
Well there we are.. The market reaction to Andrew's LONG AWAITED interview is negative. After a night to reflect, I think two things have stood out to me as to why people weren't overly impressed -
1. The first proper interview, hello, nod to investors was NOT VIDEO. Watching Andrew speak with just a low resolution Jpeg to look at was weak IMO. Video's are so much more psychologically effective, particularly when conveying a bullish message. I'd much rather have waited another few days and had a proper video interview. Every other company do it!
2. 2-5 years was mentioned as Andrew's vision to grow ECR into a World Class company (or hope to).. This includes developing Victoria resources and hunting for an elephant in Queensland. Investors have clearly read this as 'nothing's going to happen for 2-5 years' which is patently incorrect as they are ABOUT to hit Blue Moon (arguably our most exciting prospect in Victoria), potentially get game changing licenses that cover more of the DMS, assays due back from HR3 that could complete Adam's 'exciting' anticline model to develop a resource from. THESE WERE MISSED from the interview! There was no mention (or question for that matter - C'mon Scott!) about what we can expect SHORT TERM.. Andrew Scott knows the market is fickle, investors have seen 2-5 years , rolled their eyes, and sold..
Please correct the above ECR.
From a frustrated but overall positive Holder!