RE: THE REALITY ABOUT ECR MINERALS...26 Jul 2023 14:02
We failed to break half a penny because right now, we are not worth it. It still stands that ECR will need to raise significant cash to carry on operations. Burn rate is sitting around £125,000 per month, how much cash is left now? ECR are in a desperate place, they can't raise cash, they can't sell worthless assets (Dangley), and no one believes a single word they say, and why should they after 3 years of absolute lies? And of course, the paid ramping crew will come out in force and say a new CEO but that of course is bo!!ocks, it's the same company with a different puppet in front, although this time even he doesn't want to be on the board. You reap what you sow and ECR is getting exactly what they deserve, imo.