Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Is there anyway of knowing how many of the 275m warrants at 1.1p still left ?
Nothing new in the interview but good to hear they are playing hardball as they know the value of the licence area. However if they have recently pushed back it will take a while for new proposals to be prepared and rubber stamped before returning to the ECR table.
So I reckon a few weeks minimum now but WTFDIK
ODR
yes the Graham Briggs angle did give credibility, however for such a respected person in the industry, it disappointed and concerned me there was never any direct quote from him on his appointment and neither has subsequently fronted any videos with or without LC.
I probably sounded too harsh and for that I apologize ... its just I am so convinced you are being strung along and from the very first interview I saw of LC he made me uncomfortable to look / listen to . Add to that the painful accounts coming from KIBO investors who have been decimated by such a poorly run company. I held for a while because of the JV angle and economics of the opportunity ... but slowly all the warnings from the KIBO investors about placings, delays, nice words, waffle became true.
Good luck to you and as you say if you like the risk reward and it's money you can potentially afford to lose then fair play to you. Its just many will go a lot further on dreams of retirement promises that do not materialize.
you don't need de-rampers when IMHO you have LC as CEO issuing that complete load of dithering bull**** nonsense.
If you have 14 interested parties (allegedly) fighting over funding you don't issue such claptrap.
The Price of gold is exploding and they can't get this supposedly awesome quick production buried treasure off the ground ??
Whilst you trust your hard earned cash to this guy who has delivered nothing and is also in charge of KIBO which appears to be a basket case, there are 100's of other gold and silver miners flying and lots of M&A and they are not bleating about Covid delays.
From 29APR20 RNS ...
"the JV Partners have agreed to an extension of this deadline to 29 May 2020."
From todays RNS
"Katoro will look to complete the Project Financing on or before 30 September 2020"
IMHO here LC is already paving the way to yet announce further delays ...
Louis Coetzee, Executive Chairman of Katoro, said:
"The impact of COVID-19 however remains a harsh reality and it will continue to influence the pace and manner in which we can meet agreed deadlines"
This picture does not stack up against the potential opportunity outlined when this JV was announced and the implied queues at their door desperate to get a piece of the pie.
Nothing until end of September means another placing just to keep it all sailing along is nailed on IMHO
Check back .. I was a holder and stated I lost faith in this CEO and glad I bailed month or so ago.
Mining Capital's Alastair Ford updates Proactive following his call this week with ECR Minerals (LON:ECR) CEO Craig Brown.
hTTps://www.youtube.com/watch?v=WB2ffsd2LXI
hmnn .. picked that up from another thread
"Just posted: Is ECR a speculative buy."-SP, 44 mins ago, Wed, 15 July 2020
https://twitter.com/*************/status/1283386156382449664
Quote:
"Shares in ECR have recently risen strongly to current 1.7p offer price but that follows not having previously joined in with the gold surge-they having commenced this year at 0.725p and the market cap comfortably below £10m."
["By HotstockRockets, SP"]
The rest of the content is via subscription. Anyone a member and can elaborate ?
Does this guy have a good reputation as this podcast seemed to be the catalyst for the SP surge today
BOOM ... it's too late !
Hi TS .... "Craig Brown said there was potentially 5 Billion oz at Creswick"
Is that serious ? if so can you provide the link / article
In the interview he mentions selling off a few licences to FostervIlle South but retaining the best one.
Considering Fosterville have multibagged this year alone, I'm hoping he is right otherwise could be a big mistake.
Good feedback guys and above, all thanks for not attacking me as just a deramper.
es he says if we can get 5 or 6 of those done before the end of the year but then follows it up with a general comment "if we get 6-8 of those it will be good"
I'm assuming the 6-8 was an overall comment.
Like I said may be reading too much into these comments and if it ends up a total of 6 that's still great
Probably reading too much into this and even 6 signing up woud be tremendous, however couldn't help picking up Cathal's comment about "If we can get 6-8 sign up that will be good" ... I'm sure towards the end of yesterday's ShareTalk interview he mentions 10-12, and in the Proactive interview a week or so ago he bullishly stated he expected to get all 12.
As I said 6 would still be fantastic but possibly a sign that perhaps it's not going to be the 'full house' and a managing expectations is underway.
ODR
ODR
so transparent from your first post
yep but as we know AIM made up of all sorts !
possibly andinio however a lot of hot money wont understand that and move on.
I'm just talking about today and guessing of course.
SP is up but no fireworks hence my feeling short term pause today
I think a modest red day today as some would have been hoping for some of the 12 pharma testing contracts to be monetised by now. Good news today but unknown at this stage in terms of what the take up will actually be etc.
SP feels like it's up with events in the very short term (days) and needs a signed contract to move on from this range
just IMHO
Can someone with a direct line into Cathal point out the spelling mistake and get it amended ...
'much' should be 'must'
We are unable to make services available to individuals, testing much be arranged through large employer groups,
Hope Cathal doesn't fire the proof reader
ODR