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Sorry for any confusion, To clarify, when i said good sell price I purely meant compared to the current bid. Selling anywhere near these prices is a huge mistake imo and I ECHO that Mark ;) these prices will be long gone soon enough!
I'm able to make a buy order but only for a small amount, nice to see the reverse from red to blue so quickly this morning and a not bad volume of buys so far considering it's difficult. The ask creeping up nicely as well, hopefully ticks up throughout the day.
https://www.**********.co.uk/blogs/nic-charts-echo-energy-echo-horizonte-minerals-hzm-management-resources-solutions-mrs-n4pharma-n4p-vast-resources-vast/ 3.37 onwards
Let�s just say worse case scenario we are still around the same levels come tapi aike, or even lower, and lets just say we don�t produce 1TCF, and let�s just say we find 0.5TCF, that is still 250mill to ECHO! Crazy numbers there
I was going to say the exact same thing ny happy to see negative comments towards positive news. It�s always a good sign. Yeah, it would be great without it but it�s never going to happen. This busy period is just getting started and while some believe this news is nothing for a company valued at 50mill it will certainly create a solid foundation for the company to build on. Revenue is revenue, cash is cash, however big or small! It�s also proving we can do what we set out to do. Bring on the clowns, echo shareholder will have the last laugh here. 1-3 month 25p+
another company on AIM that has a more prosperous year lined up? The price now is literally just allowing us to make even more money for the dare i say it - inevitable increase we have to see over the next few months. I know anything can happen but if we don't at least double within 3-6 months i genuinely will eat my own shoe.
I would agree with you Max if it wasnt for the RNS stating we are fully funded for the year ahead and like Carvelo mentioned revenue is already coming in and should hopefully double+ I would like to think the only reason they would require additional funds i for acquiring more assets but more than happy with the work program we already have for this year. Remember, just because we have very little shares in issue, doesn't mean we should dilute. It's even more clarity that this will do well once we start moving on up.
in shares and there is certainly no guarantees but Echo is as close as it comes. One thing that is for sure is that this company will be worth a lot more than what it is today. I expect market cap of 100mill+ within 3-6 months. SP of somewhere between 20p-30p. Hopefully this is the start of some momentum. ATB
Good question Mike, personally i think it is due to the placing, confusion around the signing off of the deal and also time scales, which from the last presentation have seemed to be pushed back with little attention. And plus, the whole time there is low volume and people selling the MM's are going to play their games. I think the next lot of news is likely to be Bolivia, so hopefully that is progressing well and will give us some well needed positivity, Until then i think it will continue to drop but got to keep a close eye out for the bottom and top up.