Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I actually disagree, exploration stocks rise on anticipation. Then either significant rise or dump on news day. I suspect ECR will rise for the time being as the ducks align, then results will dictate the rest. AJ’s got to be in ten Hah territory though.
Gawd looked back and it’s now back level ffs. These RNS days have been shocking! Momentum building though, can see .3 shortly then who knows. We were over 1p last time we had a campaign @ Creswick so would be wonderful to gap up if only temporarily! Would give a chance for the brave ones buying now
To make a few quid for once! I agree RE the dead wood but goes without saying at this point.. Elephant in the room stuff.. They know it, time will tell if they have the bottle to act, the market sure knows it!
Just thinking aloud. IF this tax incentive is so mouth watering and lucrative, why has it not been utilized previously? Either it was a totally wasted bargaining chip and historic remaining BOD should be heavily criticized for inaction, or it's a bit of a red herring.. Time will tell I suppose.
IMO it's a catch 22. ECR would have to either buyout an already profit making business or amalgamate with an existing entity to actually benefit from the incentive. Now ECR clearly can't afford to buy out a profit making company (or at least one worth the hassle for the benefit), it would cost multiples of our market cap. Now we move onto another Co 'teaming up'/amalgamating.. They would indeed get a tax break on profit.. BUT for it to be in any way worth it for ECR, said company would have to share/divi a proportion of the benefit or business, otherwise what's the point.. When all is said and done, would it be entirely worth it? sure.. save some tax on profit by bunking with ECR, but oh dear, they want a slice of the pie we'd otherwise keep for ourselves anyway... If that all makes sense? lol
Again, just thinking aloud.
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.
'what do you think deleted posts mean……' - In this instance I honestly have no idea, but I can tell you with 100% certainty it isn't because you or anyone else is leaking JV news lol. Tell me again about narcissism?