Member Info for PippiLongStockin

CEO said they wouldn’t waste time —- ie start commercialisation prior to approval rather than wait

I like Andrew’s approach…. But I’m gobsmacked that ECR went and bought 3 properties that were ultimately a wasted allocation of resource…. And that there is now an honest assessment of where the company is at…. And that it almost feels like back to the drawing board…. Hopefully Blue Moon can deliver, but why weren’t they back here earlier?

Convince yourselves all you
Like but this is a busted flush

Blue moon
You saw me standing alone
Without a dream in my heart
Without a love of my own
Blue moon
You knew just what I was there for
You heard me saying a prayer for
Someone I really could care for
And then they suddenly appeared before me
The only one my arms will ever hold
I heard somebody whisper
"Please adore me"
And when I looked
The moon had turned to gold

They just didn’t give us a chance to offload at 30p…. Kiran was an early mover with the placing before the dust could settle!

Anyone looked at the photos on LinkedIn…. Colin and Phil in there somewhere? Who’s the man in the hat… could that be Colin ?

A good day to accumulate

https://www.linkedin.com/posts/alangreenbranduk_ecr-gold-goldmine-activity-6950522109278253056-XQrw?utm_source=linkedin_share&utm_medium=ios_app

Maybe an RNS tomorrow or Wednesday ahead

Selling the blue sky dream of Queensland & honing in on the geology of Victoria…. The mood music will change over the next few months so maybe it’s the prudent thing….. just to the detriment of LTH

Going down

Hi, would it be fair to say that it is a major concern that we are not shipping ore and waiting for freight costs to come down …. But with recession mooted then ore prices risk coming down but we need to get a good return on stockpiles to clear creditors. What happens if we don’t?

It seems to me that Cadence MO is like buying run down houses, doing them up & flipping them. Or sitting on them and selling into a rising market.
For Amapa then it strikes me as unsurprising that they are opting to take a longer path to production & to maximise mine life. Does this also go down the path of taking from private investment to public by flipping it in the next few years

Cadence are not sitting on their hands. Liking the updates over the last week

However decent grades and further good results will hopefully attract attention of potential JV partners and reignite those discussions and I think the pressure of delivering something tangible could lead to a deal mindset.

Not sure you can count the ore stockpiles as will be used to pay creditors. The main issues are time and costs before the mine is printing money so holds this back for now

This is not an explorer. There is a real asset here that needs to be taken through its paces, moved through the gears, and valuation will come.

Well we need some strong results now.
The next Blue Moon is August 2023 so hoping we don’t have to wait for that

Ok been watching for a while… great news flow, lowish point on price so I’m in.

Avacta is basically a race now between cash burn and licensing contracts…. This race looks pretty good odds