Member Info for Sausageonstick

Did they give you a reason for kicking? I'm keeping my head down and powder dry in there.

It appears at least one person has now been kicked out the Telegram group, have they been asking awkward questions??? Will the Telegram interview simply be a nice fireside chat? Are they just doing to dumb down the questions?

What does success look like?

As we know, and Mike states, ECR are allowed to mine/ process a certain tonnage within their current licence. For me success looks like a jam jar with gold in it after they have mined the maximum they are allowed to mine. Nothing less.

They've tested enough in my opinion, it's delivery of gold that is needed now for success.

Zebbo,

My words, as I imagine others would say also, would be you've tested, retested now get on and produce a jam jar full of gold. I've run out of patience regarding this testing, retesting move on to next licence approach by ECR and the Jason Brewer school of tweets has failed to get the s price going.

My own view. But time for talking has stopped, it's time for delivering gold.

You're absolutely right Chesh. Here I am promoting the Telegram group interview on Wednesday with Mike, and I'm getting negativity!!! Heck of a set of questions by the way!!!

I've just popped into the Telegram group and questions are there to be seen. If you're not in the Telegram group, then you won't see them, if you are in the group, go read them.

Im fully expecting some kind of Operational update rns, Monday or Tuesday or more likely Wednesday morning before telegram interview in order to deflect from questions heading Mike's way.

He'll maybe say, as you can see from today's rns we are doing x y or z

Ok Snip, yeah I've filtered a few, constant avoiding the question and personal insults.

It's clear to me, trust between ECR and investors is low so will be interested what Whit.lows interview on Wednesday brings.

Snip, I presumed that was at me, but I might be wrong, as I have a lot of green filtered boxes on my screen right now

Oh Snip, I agree with you. I thought my post made that clear

Monday will be 14 days until the end of the month, at which point the price of the shares used to divide Mike and Nicks £22,500 salary by is calculated

10,000,000 each?

The Board have backed themselves into a corner. They've tried releasing RNSs with superfluous adjectives to fluff up mediocre results, they told us they are testing and next steps more testing, they talk up helium deals, ventures into Canada, tax losses.

Nothing has been delivered, Doc Holiday quotes the price of gold, and then when challenged on wheres the gold ecr have produced, either blocks you or states ECR is an exploration company. ECR and Doc Holiday simply block accounts on X when difficult questions are asked.

We are told they can mine a certain tonnage under current licence, so why has it taken them so long to achieve any kind of mining.

Penny dropped yet folks?

Blackhopper,

If you believe that anything written on this board changes the sp up or down, then you truely need to stop investing.

Back on 1st April, ECR stated " The new Ordinary Shares will be issued at a price of 0.22921 pence per new Ordinary Share, which was the volume weighted average share price for Ordinary Shares over the previous 14 days."

Next Monday will see that 14 days period start for the Q2 2025 share hand out to the BoD. The lower the price is, the lower the volume is over the 14 days until the end of June 2025, will determine the share price that is used to divide into their £22,500 quarterly salary and hence how many shares they each get.

From a company / individual that tweets about pretty much a wide range of aspects across the projects, let's see the level of comms that impact the sp in the next 14 days.

I'm expecting a RNS on the 1st July 2025 announcing over 10,000,000 shares for Mike and Nick.

Tomorrow's meeting is to sort finance out and push the debt repayment out to 2032.

Let's hope it's agreed

"convene a meeting of the holders of the Notes (the "Noteholders") to consider the Proposals at 10 a.m. (London Time) on 12 June 2025 at the offices of Peterhouse Capital Limited, 80 Cheapside, London, EC2V 6EE, United Kingdom."

Should have a RNS on the outcome

Pursuant to the Proposals, the Company is seeking Noteholder consent to:

· Amend the Notes to allow for conversion of the capital (amounting to €10,000,000) and interest accrued to 31 December 2024 (amounting to approximately €463,992) on the terms summarised below

· Set the rate of interest accrued on the Notes at 0% from 1 January 2025

It is proposed that the Notes shall not be convertible before 1 January 2032 unless the Company's market cap exceeds £35 million for a period of 10 consecutive business days and at Nativo's discretion (the "Market Capitalisation Threshold").

It is proposed that Nativo shall have the right to elect (a) after the Market Capitalisation Threshold has been met or (b) after 1 January 2032 but no later than 30 April 2032, to convert the Notes into Ordinary Shares in the Company at a 10 per cent discount to the price equal to the volume weighted average price of an Ordinary Share for the 10 Business Days before the final conversion date.

It is further proposed that a restructuring success fee be awarded to Noteholders that vote in favour of the Proposals, to be satisfied by the issue of warrants to subscribe for such number of Ordinary Shares in the Company as is equal to 5% of the principal value of the Notes which have been voted in favour with an exercise price of 1.5 pence.

Nice sweetener there at the end!!!

DaP, that's why I'd like a photo tweeted of the rig on site so I know it's a fact rather than Roland's imagination

First time I've seen someone dump 100m shares and the price go up 2%

101m buy, did you average down Gordon?

Something is stirring in my view, 23m & 101m buys within 3 minutes of each other. Should we be expecting a RNS rather than just a tweet? Roland seems to only issue RNSs when forced to do so, so if a RNS I'd guess it's significant news