Member Info for Pickuzawinnah

Agreed - it annoys the hell out of me. Happens all the time. Or that they're offered but you only get about 4% of the volume you apply for. Ho hum. That's life.

Placing only painful for people looking to cash in today or the next week. Even then the SP may bounce upwards hard next week because the comms in the statement - like Trek pointed out - is brimming with confidence about the medium/long term.
Today is just a bump for the short-termers, but a big-fat-like for the investors.

That's not the cat purring. It's the drills grinding away in the distance.

Thanks MrSpaceTomato - in fact I sold out of MNRG and bought here.
For me the positive indicators are the seeps, the seismics, my love of party balloons and squeeky voices, and Mitchell's terms of payment.
Of course they may, like us, simply be seeing a vast potential upside and figuring it's worth a punt if they've already secured £500,000 in cash for the first two holes. But I'm also interpreting this arrangement as the HE1 BoD as being very savvy. Still got 100% of the mine - no dilution there (yet).

Anyway I'm only churning what's been discussed before. Bring on May spud, June excitement and July confirmation (always anticipate delays). Best of luck to you (and thereby all of us), too.

Mate, if it makes you feel ANY better, go look at MNRG. 6 month chart. See that 1.3p spike on October 19th ? Yep, you guessed it.
Unlike MNRG which sadly didn't quite kick-off (yet), I think HE1 has a lot of climbing ahead of it, and soon. Your 35,000 shares will do you well enough (he says from his smug position of 6.95p).

ha ha Spacetomato. I'm laughing with you, not at. I've done similar a few times (I'm in ECR at 3.3p).
Like you, confident we'll soon be well above 13p soon but today it's just annoying isn't it !

Ah ha ha haaa. Hilarious. "Another red day". (I note your post, valtree, is missing a fullstop after your introductory three words. But you do try for a comma after the word "bring", followed by a word starting with a capital letter. Well done, you. But then, "Suzy". Proper nouns have a capital letter. 6/10 for effort.

Anyway, how many red days on your watch, valtree ? (checks 5 year view on charts for answer. Sees SP is 40-times what it was two years ago. Smiles).

And while I'm about it, I am intrigued. What do you exactly aim to achieve here ? If you really are the former director, which I don't believe, then why are you publicly running down a company you once led ? Seriously. Do you think people here give a flying fig ? Do yourself (and us) a favour and spend some of your money on a counsellor. That's a counsellor as in someone who can help you to overcome emotional trauma such as being ousted from your company which you'd run into the ground. Not as in Councillor; someone who governs. Just clarifying in case your grasp of the English language leads you down the wrong path.

Yes, really useful link. Interesting to hear the latter part where Craig describes the backlog of applications, and confirms confidence in getting two of their three applications for Baillieston through before Christmas.

valtree - your grasp of grammar is about as appalling as your character.
Here's a few pointers to correct your 9:08 post:
1/ Fullstop required after "contribute"
2/ Capital letter on "your", which of course should be "You're". As in compressing "you" and "are" by way of an apostrophe
3/ Fullstop after "301"
4/ Capital L on "looks"
5/ Arguable "bod" should be BoD
6/ "their" falls foul of the same mistake as point 2. Should be "They're" as in they are. It's not difficult. If my 8 year old son can grasp it, so can you.

If this is any indication of the attention to detail you apply, then I'm not surprised VAL needed digging out of a hole.

I do appreciate the informed discussions on here. ECR is in my portfolio but not a major part. I find myself 30% down and kind of willing it on like I'm watching England 1-0 down and just passing the ball across the defence and back to the goalkeeper.

My horizon isn't until next summer, so plenty of time for things to get good (and hopefully very good), but at the same time some positive progress would be very welcome.

Ahh excellent. Chris(number)2 is here. I wondered where he's been while the SP was climbing 10%.
Now here he is "warning" people about people who may not be holders (Chris - what price are you hoping to drive down to before you buy again and can claim to be a holder ?)
If people are new to this share, I urge you to look at Chris2's posting history.

I welcome evidence-based critiques. But Chris2, you either have a short position, or feel deluded enough to believe that your comments can affect the share price so you can buy at a lower level, or you have a personal beef with UFO, Bill, or investors on this board.

Anyway good evening everyone. Looking forward to the next couple of months.

I saw this article and wondered if it might be at the heart of the Toyota CFA, which says: "innovative, circular and sustainable waste-to-energy solution for Toyota's engine manufacturing plant in Deeside"here's a link. And a quote below. https://www.wired.co.uk/article/synthetic-fuels-efuelsif the link doesn't work then google "Wired synthetic fuel"."Carbon is captured from CO2 in the atmosphere or an industrial process such as steel making, hydrogen is extracted from water via electrolysis and the two are synthesised to create a hydrocarbon. However, efuels are only carbon neutral if the energy used to make them comes from a renewable source."Personally I think the Deeside plant is just to look at how Toyota can apply EQT's gasification to turn waste into energy for manufacturing. But wouldn't it be an interesting proposition is this extended instead into the creation of synthetic fuel for hybrid cars ?

Haha. My whole portfolio is a sea of red today (thankfully not down by much except ECR !). Except HE1 which sits as a solitary island of green. I'd been hoping for a retrace so I could increase my HE1 footprint, but when it suddenly sprung up 3% this afternoon I figured the 9-point-somethings may never return. Bought.

Expect a tree-shake on Monday. Dammit. Lol.

stevenmerrett: "The short term recovery is priced in , that is why HMSO was 20p in Jan and now almost double today.".
Wholeheartedly agree, hence my opinion that we'll see a very modest rise over the next few days. Maybe a small jump (c4%?) on Mon/Tues with news articles showing centres reopening and consumer demand.
The next barrier to rising SP will be fear that "permanent reopening" will actually not be permanent, and that one or two retailers could yet fall.
So, once we're into summer months and if (using my snakes and ladders analogy) we're rising up the vaccine ladder, and avoiding variant snakes I predict we'll see another significant rise in summer/autumn. Def worth holding imo.

UFO is my largest holding. I'm down a fraction. Not worried in the slightest. During the delays to Hammersley (as stated many times before flooding in the region has been a major factor in the delay) there have been two positive announcements: first relating to Tailings, and second relating to Andromeda extension. It's like a game of Buckaroo - each of these adds to the tension before a sudden spring.
We're still (now) 20% down from lowest level broker valuation and with more value than when it was written.

Perhaps my confidence is from the longer-term perspective. Planning to hold for 12-24 month horizon based on current exploration timeline.

Perhaps, when Craig says: "funding a modest expansion of our operational capabilities" he's referring to recruiting an investor relations person.
Seriously, though - first drilling announced mid Jan, completed a month later. Now up to 5 holes and a sixth underway. Confirmation in the RNS of assay results this month (not in a month, actually in April).
I would much rather a placing now than in a month.

And I like your perspective jackthebear - accelerating drilling when you've got 1 drill operating 7 days a week can only mean an additional drill (either owned or hired).

Agree 100%, Bottomzup. I was as surprised and disappointed as anyone by this morning's news - especially as I hadn't seen it on Vox markets at 7:30am and only saw the SP drop 10% on what I had thought was no news.
Let's review the RNS' positives:
A/ Placing at 2.2p. It's not a massive drop from yesterday's price, representing about a 15% discount. That will likely recover instantly.
B/ "used to ramp-up drilling and exploration activities on ECR’s 100%-owned gold exploration projects" - two positives here; the money is purported to be used to accelerate or expand exploration/production, AND the projects remain 100% owned. Equity has not been lost by giving away assets to partners (caveat: yet).
C/ Assays to be reported later this month - now this is a double-edge knife depending on your level of paranoia; this could now boost the SP back up or it might cause you to question why they didn't do a placing after the assays when the SP is presumably/hopefully much higher. Would it create more ill-feeling to see the SP leap to (say) 4.5p and then a placing at (say) 3.5p ???
D/ Craig also explicitly references "cash position to in excess of £5.8 million . . . will enable ECR to drive hard towards its twin targets of establishing a maiden JORC compliant gold resource at the Bailieston project and completing further drilling at the Creswick project . . . also provide ECR with the financial flexibility to consider potential new opportunities as they arise. We are now fully funded for these programmes and don’t envisage requiring additional equity financing for quite some time.” Interpret "quite some time" how you will, but I'm seeing that as many months, probably not until next year.
Which gives us at least 8 months run of good news which would be likely to include:
1/ Assays and progress at Bailieston
2/ Assays and progress at Creswick
3/ Announcement of an additional site/licence
4/ A potential JV with a larger firm to move to production

Keep the dummies in the mouths, folks, and the toys in the pram. It's going to be a very good few months ahead.
PS: for transparency, I'm averaged here at 3.2p and with a horizon of late 2022 I am happy as Larry.

As expected there are wild variances in SP predictions. 55p in 6 months. £1 by end of year.
Stevenmerrett - as you make clear, the rent is fixed to leases over several years. So the return of footfall is not going to make HMSO more money. However, reopening of all shops as well as cafes and restaurants increases the security of rental income and a mid/late-summer trading update will remove a lot of uncertainty. And we all know how the stock market hates uncertainty.
Completely agree with you and others, that the loss of large premium spaces held by Arcadia and Debenhams will either decelerate the recovery in shareholder return, or reduce it from its pre-Covid value. But on the other hand, I believe that pent-up demand for the retail experience is going to be enormous.
So, on balance I see 55p being pessimistic and £1 being optimistic. I think we'll see a modest rise over the next few days up to low 40s then plateau, and then in June - assuming our game of variant snakes and vaccine ladders steers clear of Brazil/South Africa - we'll skip over the 50p mark on the way to about 70p by year-end. And then onto 90p in a year.

Might be totally wrong, of course. Often am.

Thanks for the link DG12 - I checked out the Yahoo "analysis". Blimey - whoever writes it clearly hasn't made much money on the stock market. No wonder they stayed in journalism.
Are revenue and earnings forecast to grow ? ( A forward looking question relating to future outcomes). Answer: "Earnings have declined by 29% per year over the last 5 years". Err, firstly that's a historical perspective, and secondly a quick check of the Fundamentals shows revenue growing from £50,000 in 2016 to £1.69M in 2019. And the RNSs of late have all pointed to growth in 2020 despite Covid.
Share price liquid and stable ? No. I'd agree with that ! but then you look at the SP three months ago and it was 2.5. Yesterday - after 3 months of bouncing - it was 2.3. Hardly volatile. The same view could be applied to pretty much any AIM share.
Shareholders diluted in the last year ? Yes, 9 months ago since which the SP has quadrupled.

Honestly, does anyone actually pay attention to this lazy "journalism" ?

Looking at DG12's posting history the majority is here in EQT, mainly offering insights from third-parties such as Barclays (Neutral/Bullish in late March) WalletInvestor, and Stockopedia (consensus price of 3.5p also late March). Don't know if you have an agenda, DG12, but man alive some of these sources are dreadful.

As a holder of Alien Metals also, I hope the last scenario in your list.
Love the sentiment, TalkingSense. Just a sit and wait game.