RE: I won’t be coming back on here6 Feb 2023 09:20
TBH Armani, All this wining about ECR being a lifestyle company is BS (although I will admit that a review of the board is required to see what value one or two members add).
A lifestyle company would just tick along doing the minimal amount of exploration and minimise cash burn so that the Directors can milk the cow for as long as possible.
Lat time I looked ECR has been pretty much drilling non-stop for the last 12 months, bought new licenses in Queensland, undertaken the purchase of the Hurricane project, bought a second rig, done extensive sampling work in Baillieston, Lolworth and Creswick and also obtained new licenses in Victoria.
Not the inertia that you would expect from a 'lifestyle company'.