Member Info for Sausageonstick

Based on the RNS, are we expecting gold mining to resume in October 2025?

The monies just received will be eaten into by Roland, and Brianas salaries and generally keeping the lights on over the period it takes to get GoI approval.

How much of the 6m will be left as we have to wait a year u til the final payment (in 2027?)

"The adoption of the Policy reflects ECR's evolving long-term financial strategy, given ECR's ambition to work towards a potential revenue-generating phase,"

Evolving, long term, ambition, work towards, potential,

Need I say more, the only things missing from that RNS was how the ECR unicorn 🦄 is doing and how much dairy dust they have left.

Cashking

They have a bitcoin POLICY, and they are funded for activities in 2025.

Sounds to me they will need funding in the next 3 months. Just my view of course.

Geological Survey of Queensland ("GSQ") do NOT issue mining licences, numpty. That's like saying the British Geological Society issues mining licences !!!

We (I) have been massively sold short by Roland, in my opinion. We are getting much less than Cambay than what we were told it was worth from gas / condensate sales

Ive a lot of filtered boxes, but someone mentioned multiple wash plants?

You would need the ability to feed dirt into them both keeping the through put up, if the through put isn't up taking advantage the higher combined wash rate, you may as well stick with one. If you have two 20 t/h washers but can only feed dirt into both at 10 t/h, you may as well stick with one 20 t/p washer, because

You would also need a substantial amount of water for both to run optimal

With the volume of trades going through over the last few sessions, I'm fully expecting at least 1 TR1 to be issued in the coming days.

With this level of silence from Roland, especially after the 6 x or 4x market cap deal he did, and the continued failure to meet any of the self imposed deadlines since I've been invested here, serious question..............

Do you think we should be expecting a 'Roland resigns' RNS any time soon?

He has three of my emails to reply to before he gets to your Gordon 🤣🤣🤣🤣

I'll say it again, unless anyone knows to contrary, ECR do not have a full mining licence. Under their current mining licence, as was acknowledged by Mick on X once they are allowed to process an amount of soil, that being 1,000 tonnes including the overburden.

To make an sort of commercially viable 'mine' i.e. processing alluvial deposits in any commercially viable quantities to fill that jam jar, they are likely to need a full mining licence. They don't have one and will need to complete all the associated studies to submit with the mine licence application.

They don't mention it as I'm sure they just want people to continue to believe that commercially viable mining is likely to start soon.

Once they have tested the washer, once they have identified an area to mine, once they have sorted out the water supply, once they know how they are going to re-instate the ground they are digging (you can't just put a big hole in the ground and leave it. Once the gold is out you have to put the soil back and re-instate the ground) all of which will be needed for the mining licence application.

I am expecting a RNS about submitting the mining licence as one of the good news RNSs used to lift the price before a placing

This was 2p after consolidation. It should be, in my opinion, back at 2p before the mine restart news comes out.

I was meaning it was more about the principle of posting on hear for Briana to read rather than the contents of what is said on here

It's a real shame that it has come to this, having to post on here in a vain bid that the IR lady at SYN reads it and passes on the message to Roland. Although I guess we can still email SYN, only Gordon and I (or anyone that asks difficult questions) with be stiffly ignored.

If they want to do what they keep saying they are going to do, then they should be getting a full mining licence application in.

Weird how Nick (or even Mick) never mention(ed) it, maybe they assume people will just believe that unicorns will bring a mining licence

10,000,000 dumped in under a minute, down over 10% on the day.

11-Aug-25 13:28:49 0.211 2,195,952 Sell* 0.21 0.23 4,633 O

11-Aug-25 13:28:20 0.212 2,361,298 Sell* 0.21 0.24 5,006 O

11-Aug-25 13:28:03 0.221 2,265,136 Sell* 0.22 0.24 5,006 O

11-Aug-25 13:27:50 0.221 2,265,136 Sell* 0.22 0.24 5,006 O

It it's not around 7am (4 RNSs), then based on which hour through the day, the most RNSs are issued between 12noon -1pm (4 RNSs).

Looking forward to lunchtime.

Times of RNS over August and July, grouped by the time

31st Jul 2025 7:00 AM

24th Jul 2025 7:00 AM

3rd Jul 2025 7:00 AM

24th Jul 2025 7:02 AM

9th Jul 2025 9:50 AM

8th Jul 2025 10:07 AM

17th Jul 2025 10:46 AM

10th Jul 2025 11:41 AM

8th Aug 2025 11:53 AM

29th Jul 2025 12:16 PM

2nd Jul 2025 12:19 PM

15th Jul 2025 12:41 PM

3rd Jul 2025 12:45 PM

7th Jul 2025 1:38 PM

4th Aug 2025 2:14 PM

1st Aug 2025 2:57 PM

31st Jul 2025 4:18 PM

Tradedesk,

Define "fast production" Nick stated they had identified one area of 16,000 cubic metres. They are simply not permitted with their current licence to dig / process that amount of dirt. They are limited to 1,000 tonnes including the overburden.

They have 2 choices

1) apply for their own full mining licence, cost and time delays involved.

2) partner with someone that has a full mining licence, but clearly that weakens ECR's negotiation position. As such, I'd expect the partner to take a lot more than 50% if they are bringing the ML, the equipment, the people and doing the hard graft.

Lots of questions to be answered in next rns

https://x.com/My_Other_Login/status/1953049336503214496?t=zklRDGyPel3inU3rtlYOQw&s=19