Member Info for mentalmax

‘ if the broker has already lined up prospective buyers or if the process is starting now.’

This. Could literally be the difference between waiting months or years. philippians Has put me off getting too excited at this stage. Interesting but jam tomorrow until executed. Why has this not happened until now? Legacy BOD need a head wobble.

I suppose all I’m saying is I want to see every pound and penny being spent optimally, and that every member of the BOD can justify why they deserve to be on payroll. Raises dilute the possibility of most of us lot hitting break even so anything to avoid that. I suppose they’re paying someone fees to help save money..?! that’s a start at least ;) good old ECR.

Last time you said that we promptly tanked 20% tech. Mugs game.

We could really do with a second geo as the Co has multiple fronts spread cross county. I think most shareholders would agree to swapping out less needed members of the BOD to pay for this. Could ECR work on a pay as you go system for pr for example? Bloated BOD and one main geo supposedly tackling every inch of Australia!! Don’t buy it.. Mike and Nick let’s reorganise and focus on practical boots on the ground instead of

Boardrooms and spin. it’s got us nowhere.

Ffs who’s dumping @ 23.5 that’s not helpful! fee $ being flipped?! I kid I kid!

That old chestnut Ti 🤦🏻‍♂️

C1p2D that's bold. Only a few years ago we had £3m+ in the bank, CW/Bailey tipped to be the next Fosterville, Blue Moon all but commercial, drill holes were multiple times deeper etc etc

I admire the optimism but it really does feel like a boring season of Aussie G/H atm, I was certainly more optimistic back then! + my holding had an additional zero, ffs.

Yes Dan relative to the whole shooting match £6k is small potatoes but it leaves a bad taste in the mouth regardless. Some clarity here would put minds at rest if the BOD happen to peruse the BB..

Yes more transparency for ALL fees would be appreciated. It just raises suspicion otherwise after all that consultancy fee business. Remember it's OUR money being spent, we have a right to know what on.

Ah ok well if that’s the case then I stand corrected RE wording. What fees though?

Granted, but it is still a £6k payment (fee) for ‘conserving cash’ - so a company is being employed by ECR to say ‘hands off!’ Every time they want to spend? I don’t get it? - also, while M/N’s own share allocation requires notice of sale for transparency, what’s to stop the £6k worth being flipped and converted to cash ‘off the radar’. It also appears whenever N/M get their shares, which arguably adds to suspicion.

Now I understand this comes across a bit conspiratorial, but the company has forked out a kings ransom in director ‘fees’ over and above while ECR was on the rocks which has left any holder who hasn’t been here for five minutes understandably sceptical of any ‘fee’ which can’t be explained, particularly if it’s for a rather odd expense.

I’m sure they’ll be able to explain it all. Once bitten….

Yes they certainly got things going again. BOD still bloated even after AJ’s departure IMO. The paying to conserve cash is a bit smelly atm and needs clarity. If it’s a wheeze then integrity will be lost. Hope it’s not.

So I’m guessing some ‘insiders’ got an RNS nod yesterday and are now selling as it’s just housekeeping news. Serves them right if that’s the case!

Perhaps, but insinuative carrot dangles haven't once accurately prophesied a single thing, in fact I'd argue that they stir the jam which inevitably leads to disappointment (historically). I won't get excited until an RNS drops. These new punters pumping ECR clearly haven't been here long. Been there, done that, learned.

Well near term production has not been confirmed has it? It’s based on historic workings that will need confirming surely?

Agreed, even at a less than favourable % should we team up with someone. Beggars can’t be choosers.

Who is ECR paying £6k to over a few months for assisting in 'conserving it's cash resources'? not Nick and Mike is it ;) (consultancy fees come to mind). Who is that money going to? it seems to appear whenever we raise for N/M's salary sacrifice. Sorry to be cynical but it seems somewhat paradoxical to pay to conserve cash? can anyone clear that up?

Slightly off topic, but isn’t it ludicrous how companies like GGP struggle to gain traction yet GME goes stratospheric because of meme culture. Different world! Where’s our roaring kitty? Fancy the role James?!

Do ECR delete Twitter replies? Some of their posts have multiple replies but when you click it there’s nothing? Unless I’m glitching my end. Always interested to read opinions.

It’s unrealistic to think they won’t cash in, we all have bills to pay. I assume they thought the recent ‘significant’ RNS’s and interviews would propel the sp to a higher price, as it hasn’t, perhaps they’re taking some $

Again, just a thought, personally I don’t care they’re within their right to.. just may explain the sizeable sells.

*Nick and Mike

Haha I got that completely wrong didn’t I 😂