Member Info for Mojolse

Abzzba

Martin Hull says they are extreamly busy and he is the CEO of ECHO.

For me ill be listning to him rather than your good self.

I see 100m plus cap

Production increase
Campo limite
Monte Aymond - LNG
Bond - monitisation of debt to equity
Oil price
Sentiment

Great post Uni

Just to add -

The 16 workovers are just the start , there are tonnes more wells to workover.

Campo Limite - commercial , also opens up a new gas region which will add to our reserves

Oil could see triple digits this year.

ECHO has so much going for it !

Bond deal will be converted to equity in 2025 at a 10% discount to the 10 day average.

Moving on up

How are the liabilities more than the asset value ?

Our 2P oil reserve alone is worth 600M at 50 oil
2.4TCF gas is 384mbo

But our assets are worth less then our debt.

Adrian - you are either stupid or dishonest in my opinion.

Meaning the company's assets are worth less than there debt.

How did you come up with that conclusion ?

Another 500k

He lets the cat out of the bag in this interview.

https://youtu.be/sL1NoZ5wmYI

JV at 30% is not good value for ECR.

The GGP JV was done at a much lower gold price. At the time they were in a similar situation to us now.

CB knows Creswick is a multi million ounce deposit.
The ballaret mine has produced 11m ounces of gold. We have 7km plus of the Dimocks main shale with shallow grades upto 60g/t

Then we have Baillieston with the same mineralisation as the Fosterville mine.

I spoke with CB a few weeks ago and he is on a mission. It will take about 5 years to build a mine but if we JV it wont be on a 30% deal , I can guarantee you that.

I for one am not here for 30%

CB - will not settle for a 30% JV. Id say he is looking for 50%
He has the ability to drill out and build a mine himself.

The more drill results the less dilution

Added 750k yesterday morning to my holding. Anything under 5p is a buying opportuinity in my opinion.

Not a great market for news

Options at a 30% premium to the last placing !

Lots to come , rerate inevitable

https://vimeo.com/486866901

MH interview , Directors Talk

https://twitter.com/Mojo98997270/status/1352358775873794055?s=19

Are you inside ?

Defamation

Anybody can TR1 over 3% even you if you have the money to buy stock

We will also be testing the 60 & 20 sands in the CLM X-1 Well.

As a result, testing of the shallower Magallenes 60 interval, which was the upper secondary target of the CLM x-1 well, and the Magallenes 40 interval is now under consideration with the objective, in aggregate with the flow rates achieved from the intervals already tested, of seeking to exceed the commercial threshold. These additional sand intervals showed elevated gas shows during drilling and, whilst there can be no assurance that further testing and/or commerciality of the well will follow, further technical work will now be undertaken by the Tapi Aike partners to aid the consideration of whether testing of these additional intervals should be undertaken.

Over $50 , lots if production news in the pipeline. Testing of Campo Limite , testing of the 60 & 20 sands in the CLMx -1 Well which showed high pressure whilst drilling

Monte Aymond gas well - could add 5MMScf per day 570k out lay and a 3 month pay back.

After the placing near complete.

See us moving past 60 and onto the next level