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0.12p being paid into the bell. Sets us up nicely for tomorrow.

Definitely the market wants to see this approved by the GoI, and many seem to believe it's close. Including me !!!

Well it certainly waking up now !!!!

Looking at the blue buys coming in, I'd say interest is growing by the hour

There is probably enough 5,000,000 buys (including the 4+1 mill buys early on) to say that someone is loading up. If it is one person then I'm guessing they are anticipating news soon. As am I, before the 19th April.

At this point with no news released, I'd much rather see a steady sustainable daily rise.

Is this the third or fourth blue trading day in a row 🤔🤔

Hi Gordon,

Yeah I wasn't meaning the US$2,500,000 = 0.02p equation, but more the wider context of receiving the money. As you say, no dilution for a while the fact it likely gives the green light for development of the new wells and work over of existing wells.

Usually we get those silly bity buys going through, but it seems we have larger buys (it's all relative) going through at full ask.

US$2.5 million in the bank straight after GoI approval has to be worth a few percentage points in the right direction, surely?

Tamer,

ECR have been waiting on results for weeks, listen to Mike on the Sponge interview, even Mike wanted them back weeks ago but they are still not here. You know they are late(r) than anyone at ECR expected. I don't need a printed date to know the results are late.

Some major miner went into the 'data room' and found what?? The square root of f.a. We know, because Mike tells us, the last bloke in charge paid himself £10,000 a month and achieved next to f a. so what, pray tell, is in the ECR 'data room' 😂😂

They probably would consider small scale production, tell the kids what they want to hear, they'll lap it up. ECR are at the stage where they are literally shovelling surface rock, quartz with a chip of gold (that they put a photo on Twitter) in it and sending it to the lab and waiting two months. Mike states they are not a producer!!! Did you not listen? There are no announced plans to become a producer in 2024.

Mike states in the Sponge interview that he will get it to a certain stage, then he will need to decide if there is someone better qualified to take ECR to the next stage. Listen back if you don't believe. So even Mike is beginning to float his exit strategy. He's going to take ECR to what ever price he sees fit, then he's going to decide to jump ship using the excuse someone else can take it further. At the same time he'll give the reason that he's not in ECR anymore to dump his shares on the open market. Then he'll go back to being Doc on the tinternet.

You are right that the price of gold is not the driver for ECRs recent rise, so what is responsible? Because sending bags of lumpy rocks to the lab is also not the reason for the so rise.

You twitter boys do make me chuckle. When someone comes along and challenges all the nonsense about the price of gold hitting highs and suggesting as ECR don't produce the price of gold is pointless today, you peeps start name calling.

Rather than name calling why don't you offer a reasoned arguement against the points I make, with evidence from the numerous Mike interviews going out on an almost weekly basis at the moment.

Over to you twitter boys, will it be ROQ or ECR that gets the deal done first 🤔😂😂😂

Occy, what are you talking about? No one has said the price of gold should be less. Read what is written not what you think is written.

Occy, what are you talking about? No one has said the price of gold should be less. Read what is written not what you think is written.

JV???????

So you think a gold producing company will swoop in and buy ECR that raised a £1,000,000 in 6 months and all it has done in terms of gold production is to send Outback Dave out with a shovel to fill up some sample bags and post a picture on Twitter of said bags. ECR hasn't got enough results for a JV partner to be interested

They are still waiting for results from 5th Feb RNS. I've said it before now they have raised a £1,000,000, delays will start appearing imho. First delay being the 5th Feb results.

Any JV looking will let ECR spend a ton more money and get closer to production before even thinking of picking up the phone.

Good luck, but once you strip away the ECR pumping that is currently being done, the value here has come from Twitterarti imho because with all the dilution, funds being raised and no gold the price should be a lot less than where it is today.

Why are people talking about the price of gold at the moment. The price of gold as we all know is cyclical.

ECR are not producers of gold. Mike has already stated this in the Sponge interview and as he stated ECR have never claimed to be producers.

The recent RNS stated

"The net proceeds from the Placing will be used to advance ECR's projects in Victoria and Queenland during 2024, specifically:

· Stream sampling at Baileston, Victoria

· Reverse Circulation drilling at Tambo, Victoria, where the Company has previously recorded 22g/t rock chips with Silver and Bismuth credits

· Trenching at Flaggy Creek and Reedy Creek in Lolworth, Queensland - trench across various outcrops followed up with Reverse Circulation drilling

· Reconnaissance for Niobium REE and Gold in streams over eastern tenements in Lolworth, Queensland where geological mapping suggests the presence of pegmatite intrusion that covers approximately 45km2"

So they will Sample, drill cores which are then sent away to be tested to see what is going on at depth, digging trenches then drilling which is then sent away to be tested and putting wellies on to walk up a stream looking/ panning for gold.

ECR have no stated plans to become a producer, no plans to create a heap leach, set up a dry blower, obtain earth shifting machinery or anything that would seem ECR to pull any scalable amount of gold out of the ground.

They do not produce and have no stated plans to even produce in 2024.

So why are you trying to whip up excitement with the price of gold today???? If ever ECR start talking about producing, then start creaming yourselves over the price of gold.

There really needs to be a sense of realism here folks. We already have the Twitterarti boys tweeting and retweeting each other in the run up to ECRs recent placing 🤔🤔.

At the moment all the know is they raised more than a £1,000,000 in less than 6 months based on the funding RNS dates and they don't produce.

Last placing September 2022, raised £1,015,000 at 14p.

How much is the next placing going to be at?

Did it mention timescales, because if people are getting grumpy about time taken for GoI then they won't want to know CCS timescales!!!

Roland won't have said anything market sensitive, so anyone saying different I would take with a pinch of salt.

Nice £13,000 buy.

It's been said before, but this all will kick off once Roland confirms GoI approval has taken place.

I guess there are people sat on the sidelines who don't have faith to invest until Roland confirms.