Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Bitterness lol no
It's called Whack a Mole
Chadster
Why are you going on about interoil? Echo have 5% of their Santa Cruz asset. Which is about all echo has for it's 17billion shares.
You sit and wait for the new CEO of a company that employs 5 people to tell you of his new vision and strategy for they company that in near penny less. But you a sole trader in a mid terraced house in Birmingham invest more money than Echo has in the bank on what? A hunch.
Anyways breakfast time in the real world.
Nyforver
Over the years these guys come and go. I'm sure they sit at the same desk in some warm country. They say the same things over and over. It used to be fun when Echo was trading as a oil and gas exploration company and then a producer. I could run rings around their technical exploits. Now they cling to a 5% stake in what they said they worked. Giving away their stake to clear a mountain of debt that they racked up trying to convince the world what they were saying was real.
Doesn't a Roller-coaster end at the same place / level as it starteded from?
If you want to compair it to a leisure activity, Downhill sking seems more akin to the share price.
The share has dropped 12% since Friday when you also said it was a good price. How much in % has it fallen since the TR1 RNS?
Could be Peel Hunt loading up but more like some Daft Hunt
So Flight man your an long standing poster on here.
Why does Echo take your fancy?
If you are holding as long as your induction year you are in with the cement.
The investment case where do ai start with that.
1st Wales no matter what gattlinggun say were poor. Hard defensive line but not well stuffed.
England got a mild hiding, not a classic game but the better side won.
Now on to me I've no influence into anything with regards Echo my comments and observations are mine alone. They do seem to speak some debate. Everything I post is real in how I see it. Like many other constant poster we say how we see it. If you find anything or all to be offensive please block me. I only want to chat and debate again block if I'm too whatever.
I take onboard every opposite view as I hope others do. If you feel I have a 100 plus negative views that means your views are opposite to mine. You have no middle ground I however take everything on its merit.
I ridicule investors? No I ridicule those that hype and investment here. my £10 investment is worth £10k in it fluster alone.
Finally a chapter is not the end of a book.
Newcastle money does mean points.
When you 1st bought your 1st shares in Echo you would have had the same thought that is was a good entry point.and the next and the next.
If you have a £100 your not bothered if you loss it.... Give it to a homeless person.
Helicks2 can you put a pin in any of the positives? I really can't see any at the moment. get your sowing kit out and pin a few for my one eye please.
CDF tell Sunhail I don't do X. But he can post here if he wishes
Sorry for the poor English and grammar.
Retirement due to health reasons gives me far too much time I'm afraid. Others do face book and tik tok and the likes thats not for me.
If it were me holding right here right now I would get out with what I can. or just write it off and let it run. I feel for the likes of Chabster who has gone in at this stage in such a large way because unless you know something from a close source there is nothing here. It really is a gamble with the odds stacked against you.
For the last 2 years all were heard was MH is god and with his expertise we can't go wrong. Well it did big style other than for the bondholders they got their cash out (mostly) The boys in the CLUB.
Remember all those work overs and Gas Gens and the likes. very exaggerated at best. Mixing products to get best prices all well and good but you get best prices for only part of your stock the rest you spray under your old car.
Great day for sport today. England did brilliant with the ball earlier. I'm not English so Everyone have a good weekend. Lets see how the odd ball games go.
May in here gave MH just as high a praise on his arrival as well as most of his time as he worked away at the shareholder value.
SB hasn't hit the ground running, it's 3-4 months to drop his roll at coro
.The £5M figure could be as high or as low as you want it to be, but the lower the figure the smaller the chances of survival. They need to tell the world what direction they of he is looking to take. If he is looking to buy an established asset or a share in an prospective asset he still need the buy in cash. The establish will cost asset and the goodwill. which should give you an know income and profit. If you go for a prospective asset then you have less of an outlay but then higher cost is developing or exploring to hopefully get a larger profit or asset to sell or attract investment from outside.
Everyone is looking forwards but not everyone is taking into account of the £10M ish lead boots of debt there is or the already 17,000,000,000 shares out there. Not to mention how little cash in the bank.
So if nobody is going to be on board at raising money tell me Helfix2 where and how are they going to survive, The tooth Fairy?
You are correct in one thing. They / SB needs a plan
The new CEO needs to make a statement with what his vision is and to raise about £5M after paying off The Dangerous Brothers and getting out of the company.
If he plays this short and goes for a couple of hundred thousand quid he's just another mouth to feed in this lifestyle company and will be back for more before summer is in full swing.
If I was Nyforever I would take a day out my life and face these guys at the GM. They haven't spent my hard earned cash on the way of life but the have stolen a lot of others with their lies.
SB still has to show his colours but going on who appointed him he is already suspect in my eyes. Taken too long to pop his head around the corner to say Hello.
As Chabster said he is already underwater by buying in at 4% this is before they reducing his holding and possibly remove him as a TR1 player by printing more shares (piles of them)
Told you the hat was going to be passed around. The ugly true it needs to be a large chunk of shares not only to buy a way forward but they still need to square MH & JP up on what they are due.
There is no shame in how low these guys will go.
This will tank next week sorry to say. Only my opinion.
Chubster I'm not convinced.
Just a hunch
All this is Fluff.
Company with 17,000,000,000 shares £11,000,000 in debt , has assets that that would double in value if they washed the windows.
There are 2 ex directors now non-exs that have outstanding renumeration issues with the company. The new CEO after 3 months has not even introduced himself.
NY
Can remember questioning you of your OnG background which turned out to he hundreds of truck tankers delivered to the forecourts. End users but true oil and gas .
We never know who or wh9m is telling the truth.
Back to Echo my thoughts they need a RNS as Peel and Chubster have spooked the market. 3-4pm tomorrow nefore wo7ld look like a fluster.
Where is ABZ when you need him.
Chadster
Yes 100% never cross the TAX man he holds on and doesn't let.
I was paying my TAX via SC60 back when I 1st left School. The Construction company hadn't passed that on to HMRC so when I joined the Forces that caught up with me. took years to sort out
From the TR1
These may not be correct but but are easy to find from that submission
Chabster has given his name
Sole trader
Address / addresses
Tax submissions a few years worth
Assets held value.
These may all interest the Tax man but now he has let's say £40k of assets. Each transaction to get there flags at value transactions at certain levels Money laundering and the likes. The Tax man may also be interested in where the £40k came from? I'm sure he has all that covered.
Helix
When they introduced care in the community did they give you an option?
Chadster has by his TR1 submission (a legal document) opened the door to other legal docs. I don't think I have given anything to identify myself.
Chadster
Good luck with it.
Be careful your ID is now in the open domain. Others may take advantage of that and your shares.
All very subdued in here this morning.
Is everyone still trying to figure out what is going on?
Chubster has put his cards on the table a man of his word. He may not appear to be the man with deep pockets , a potential financial powerhouse that could turnaround Echos fortunes. He is out to make his fortune, he has a plan which is more than the CEO seems to have at the moment.
I notice his absence on here since. Maybe his wife has found out.