Member Info for Sausageonstick

Let's see tomorrow, rns or no rns tomorrow then?

"We are projecting monthly revenues of approximately A$470,000 (US$295,000) from the Blue Mountain Project, based on a 0.6 g/BCM grade, a 25 tonnes per hour wash plant, and a gold price of US$2,790 per ounce. Dual wash plants could further boost output "

"Will you concede that if BM hits the figures the company has (conservatively) estimated then no raise will be required?"

Answer; OH YES DEFINITELY if these figures are hit then at that point sometime IN THE FUTURE ECR wouldn't need to raise.

BUT would you then concede that those figures will never be hit in 2025? Why? because ECR are only allowed to dig up 1,000 tonnes with their current EXPLORATION licence, including overburden.(An Australian exploration license generally allows for the extraction or disturbance of up to 1,000 tonnes of material from the ground. This includes overburden and any other material disturbed during exploration activities.)

So 1,000 tonnes being processed at 25 tonnes per hour ( as per your quote above) means they can run the wash plant for 40 hours or say 10 hours a day, for ONLY 4 DAYS. If you think ECR are going to generate enough to keep a placing away by processing a 1,000 tonnes including the overburden, then you're crazier than I thought!!!!

To get anywhere near those figures you state ECR will need to put together an application (including jumping through all the environmental hoops) submit and wait, and wait and wait for a PRODUCTION licence to be approved, at that point start to put in place the required infrastructure to achieve those quoted figures.

So I agree that sometime far far away if ECR hit those figure, say in 2027, they may not need to place, but right now here in 2025, for these reasons explained ECR cannot get anywhere near those output figures and stay on the right side of the law. As such I and others believe that along with the dilution likely to be announced on the 1st July, ECR may need to place in 2025.

Or are you going to offer an explanation as to why you think ECR can achieve " approximately A$470,000 (US$295,000) from the Blue Mountain Project, based on a 0.6 g/BCM grade, a 25 tonnes per hour wash plant" when they can only currently process 1,000 tonnes including overburden?

Over to you TS, We look forward to your reply but I expect now that you are backed into a corner the personal insults will come out. For that reason, back o filtered for the rest of the week.

There's a reason why its after hours tomorrow

Oh yes im expecting a rns before the interview to take the focus of the s hit list box questions, but why do the interview after hours?

Usually ECR issue their interviews during trading hours.

Will be interesting to see why Mike is wanting to do this interview after the bell has rung tomorrow?

.....the workovers aren't starting in June. We should have had some tweets of rigs on site setting up or a RNS to make it official. Over half way through June and still nothing. Another email off to SYN to be ignored.

"Agree mentalm, charts look very grim. Sub 0.2p now, it's broken that support and only heading further South, 0.175 next support level. If it breaks that then 0.14p next stop I believe. Unless the next RNS says they've found gold in the (currently non-existent) washer plant in BM (unlikely at this point) then just my own view is the sp is heading further South. People are tired of the testing, next steps more testing kinda RNSs, they don't wash I'd say, much like the alluvial deposits in BM."

And look where we are today, oh yes 0.175p

Next 2 trading days very important to ECR, it needs support here, buying, if not it will fall through 0.175p support level.

Will be interesting to see what RNSs come out ove next 2 days prior to Telegram interview as no new news can be discussed in the interview unless first RNS'ed.

It's like the end of a Mike Whit.low interview, where he winks. wink wink

Are we putting wink wink on the end of each message, wink wink

Someone drip feeding 1m chunks into the market, wink wink

You can always post your questions here https://twitter.com/StockBoxMedia/status/1933503670408094039

With market conditions improving, can the bod explain why the market isn't buying into the ECR journey?

Are the company aware how engaging companies like TMS could be detrimental to shareholder sentiment- both current and future?

What are the genuine realistic chances of funding the next year via a sell of the tax losses/MGA?

Without this option is it a case of back to the market vi another placing?

What do the bod feel will be the catalyst for the market to start moving the shareprice?

What do the BOD feel they have achieved since joining the company. "judge me in 12 months" as a reference.

At what point will you walk away from ECR?

Do you think you have earned your payment in shares?

Do you now wish you took your payment in salary? How many hours per week do you contribute to ECR?

Do you feel your conduct on social media is professional and befitting of someone in your position at ECR?

Can you share which PR companies ECR have on the pay roll?

It helps shareholders to understand the motive of some and take a balanced approach when they suggest certain things?

You can of course submit your questions on X, in a public forum, where it would be crazy to delete them

.

Maybe the sp and when would Mike resign will be asked on Wednesday?

A few green filtered boxes appearing, has the topic of Stockbox/ Telegram credibility ruffled a few feathers?

If they start kicking people (for asking awkward questions maybe???) then credibility for the interview also gets kicked out the window.

There may well become a belief that the interview is only taking place to massage Mike ego, and does anyone want to listen to Mike's ego being massaged??

Looks like a few people are wanting out before they learn about the the 4th hole results or about the (in my opinion) fireside chat Telegram interview with Mike on Wednesday.

Did they kick you out this morning?

If Telegram group are kicking people out for asking awkward questions (if that was the reason), does it make the rest of us think the interview on Wednesday will just ask friendly questions and not challenge Mike with any difficult questions?