RE: Fact finding mission12 Dec 2023 17:11
Indeed Yos, it's positive, neutral at best as we knew it was coming. The drop is likely down to those expecting more.
Doc - ''If you listen to the armchair experts, they said we'd finished in QLD, 2 months ago, they said we wouldn't drill before end Q2 2024, they say we'll run out of money, ignoring the inventory.''
- Not sure anyone said we were finished in QLD, just that the wet season meant lengthy delays so no drilling for months.
- PI's assumed we weren't going to drill for two reasons:
1. QLD wet season
2. Our other licenses had proven duds and ECR had spent 12 months convincing the market as such hence the QLD drive.
Well you raised cash Doc, was that for fun? or did you need money? other wise known as 'running out of money' - The inventory point is valid but until a sale is made it's not relevant, and the market knows ECR has struggled selling it's inventory (and frankly given up on some fronts).
Onward and upwards.. Believe it or not i want ECR to do well but fed up of this rinse and repeat nonsense. And passively aggressively calling out critical voices when your share has dumped 12% isn't what I want to see, personally.