Member Info for TalkingSense

Yes, Was set before Chris Gibbs appointment, Raglan acquisition , Blue Mountain Drilling Results (better than expected) , £1.5m raise, Production confirmation & Lolworth(better than expected/silver) drill results.....so a lot more to factor in

VikR - that note/target was set before Raglan acquisition was confirmed and not knowing that production was going to start by end of January....So I would say 0.41 is very conservative.

No, Your input is genuinely appreciated.

It's been a while Troajan .....good to see you again.....(been hiding in the shadows? ...lol)

With current prices we only need just over 0.4oz of gold a day to cover Raglan running costs.

Estimates is that we could get 10x that on a daily basis (after it takes them a couple of weeks to optimise the wash/recovery process).

Easily enough to cover ECR G&A (and more) moving forward.

No Debt

Self Funding

£1.5m in the bank

2nd Project mining license application (production there possibly this year).

Creswick JV discussions ongoing

Lolworth gold and silver (silver is $95 now...up 50% in recent months) initial drilling results show silver prospect better than anticipated.

Looking good :-)

Crazy to think that the company revenue estimations at BM only 6 months ago were based on $2790 and here we are in the $4800s

Pretty compelling investment opportunity here IMHO

I believe thats well to the north of Rglan

$4716 🤑💥

I see there was a cheeky little 4.4m share (£13.7k) buy reported after the bell....at 0.31

Churn over....set up nicely for a further move next week.

Failrosea, I am not disputing what you say about 25 years ago when the company didn't exist.

Or about 2019...about 3 or 4 BODs ago.

I cannot disprove your forward looking statements any more than you can prove them.

And you cannot prove any of the statements you make about me, what I have achieved (you dont know me) , what I have made trading ECR historically (2019 was a good year for some of us..thank you for that) and looking at the SP we are 25% up in the last month 25% up in the last 3 months and 30% up in the last 6 months.

Of course if YOU bought in 2019 you are 95% down.

Although if that were true I'd expect constant negative posts harping back to pre-pandemuc days....oh wait!🤣

Failtosea, Do you copy & paste the same post?

25 years ago.....blah , blah, this outfit blah blah (Note: The company was founded in 2004 so didn't exist 25 years ago).

Obviously you got spiked in 2019 as you mention it EVERY time (bitter much?).

Coco....Not using your third, Sausage, alias today?

I still...as I always have...say the wash plant can be moved , but likely to be a one off move. No-one expects, or has said the washplants to be continually shuttled between sites.

As BM starts it would make sense to swap the 26tph to Raglan and 60tph plant to BM, of course that is unless they purchase another 60tph plant.

They have, and will have with Raglan proceeds, the funds to purchase another if they wish.....we will find out the plans when the license is awarded.

*£1.5m in the bank

* Debt Free

* Raglan likely into production in days (only 15 to the end of the month)

* BM License application to come.

* Institution took part in latest raise

* SP up 25% in the latest month

* Gold price hovering around record highs

* Silver doing the same (Lolworth silver discovery exceeded expectations and extends out further than first thought).

* Further campaigns to come in 2026 at Lolworth

Cocopops,

Said that was the rumour (don't believe it personally).

Also never said it was a positive signal .....so your 'ramp' comment is invalid

Company have been very clear that Raglan will go into production this month and their aim is to get BM into production by the end of this year , said they would not regularly move the wash plant between sites, but they could do a one off swap with he plants once BM comes online....we'll have to wait for the plan. When they need to purchase more equipment to run the two site the increased revenue/production will easily cover the cost in a couple of months.....I don't know how they've let anything slip as they've never said no additional equipment will be required to run two sites.

Regarding funding , yes I would expect money to be spent on drilling....how else are they going to prove up Lolworth?

We will also be getting revenue in from Raglan which will be topping up the coffers..

Still the BB clown (laughing at you, not with you)

The low trades are rumoured to be signals between MMs...... up to you if you believe that

Will be interesting to see if he does a one time swap of the 26phn & 60 tph washplants between the two sites once BM is ready to go, or if he purchases a second 60 tph washplant with a view to moving the Raglan one later, when Raglan is exhausted, so he has 2 x 60tph plants running at BM concurrently?

Getting ahead of ourselves....let's get the new crew on site at Raglan first and get the equipment checks/ H&S out of the way .....and get digging!

Interesting that Institutions partook in the raise which will likely mean that the full raise share volume won't have to be churned and we can get to a free flowing SP sooner than previously expected.

Eloro,

Yes, Thanks for pointing out sbout the raise, the company are fully funded into 2027 now.

If you read the RNS there is production due to start at the end of the month..ECR are transitioning from Explorer to Ptoducer....you will see physical gold then.

Good to see you signing your last post.

Morning Coco....is Ying slang for sad little troll who holds no shares and who spends all day trolling on a bulletin board because his wife left him for the postman and he has nothing else to do?

If so , yes you are the Ying on this BB

Gold up another $110+ today to over $4620 ;-)

Perhaps the 5's indicate where the gold price will be by easter ....$5000+ ?

Is someone offloading their entire holding 5 shares at a time?