Member Info for TalkingSense

Dj, the SP movement over the last week suggests a large number of people don't share the 'killer's results speculation.
They have made their choice and those that remain will find out this week.

Absolutely agree that some people's expectations are too high ...and some have over reacted negatively to 'Craig's grumpy face'.

Personally I think that blatent rampers on a BB can do more damage than derampers. At least on this BB there is logic/explanation of views on both sides which is refreshing and makes it easier to listen to both sides of a balanced argument even though you may not agree with all points.

Anyway my prediction is we've drilled through a nugget the size if a bus and this will be £2 by 10am Monday....lol

Ah, the fickle world of the ECR investor.
Long term holders looking for xx pence in 12 months, but stressing out over a 0.5p drop on no news for 3 weeks, even though they know there are drill results to come.

I like the ECR bb, even the derampers at the start of the week did it in a subtle and civilised fashion firstly with warrants and then POG...I'm making the most of the civility as surely the abusive herd will descend upon us at some point (a downside when we do see a decent rise).
I am very comfortable with my holding and not worried at all about the recent drop. Drill results will come, licensing decisions will come and JV updates will come.
If you are looking at a long term hold then the small drop should not stress you out.
The only thing annoying me is no available funds to top up at these levels....the fundamental potential if the company is still as good as a month ago..nothing has changed.

RNS next week and the tone on here will change and Craig will be elevated to Sir Craig again.

Let's see what next week brings

& new licenses: timeline unknown

Hi LGO, No known set timetable. If you have read back on the recent interviews and the RNSs you will get an understanding of where ECR are in the process and how they are looking to move forward in a pro-active fashion.
Timelines we know:
Drilling : ongoing
First drilling results: imminent
JV agreement on Creswick: ??
Purchase of 2nd drill ; 3 months time ??
Company fully funded until 2023

If you type antiviral mask in to Amazon we do not even appear on the first page.
However......if you type antiviral mask in to Google/ MSN search bar then some of yesterdays news stories do appear on the lower half of the first page.

Rebel
10 masks every 5 seconds = 7200 per hour
7200 x 10 hours = 72,000 per day (I have been generous and said that 'one shift' is 10 hours
Erring again on the generous side and assuming that the one shift on all 7 days (and not just mon-Fri)then over a 31 day month they will produce 2.23m masks/ month maximum.. again being generous and not allowing for maintenance/ set up time, etc

Was a little fib in the TV slot yesterday as they said they are producing 5m a month , but we know from the last RNS that this is not true

Biden states that all Americans will have the opportunity to be vaccinated by May and that July 4th will be a celebration of independence from Covid.

Chrisbish….Congratulations on the first sensible balance post on this BB today!

Watch some of his other videos...comedy gold (just make sure none of your children are in the room :-)

"There are companies with mcaps of 80-100m with an sp value more than 10 times this one"

ha ha ha ha ….dumbest thing I have read today

Where is the blockbuster RNS that many posters were promising @ 7am?

Kainos, That's really hurtful :-(

This will go nuts first thing tomorrow morning...local ITV slot in which the pro larva logo appears for about 5 seconds will have a feeding frenzy in the first hour....let's see where it ends up.
As usual over promised on the BB as it was not National.
See if we get the rumoured (on this BB) RNS.

Poor investor...look up the original post that I copied and pasted.
You are correct that you did not mention 10p...if you read the thread you predicted 20p.

In a year or two with a fair wind you may be correct.

Have a good evening all and enjoy the ITV news (their viewing figures will improve tonight:-).

Will be a fast opening tomorrow and then ???
GLA

Crayons, Well done...Nice profit.(although for every one of you there will be another in here who is under water)
I have a couple of similar investments which have come good bug time (and some that have not).
It's about research, appetite for risk and confidence you have.
I'm not saying this will not come good, just that for me I am not a 'true believer' and need a little more reassuring from the company.

All investments are personal choices and there is no right or wrong..just good or bad timing.

M135.....Investing is about balancing risk & reward.
If this was a sure thing then it waould already be @ 3p/4p/5p +, but it is not.
This was at c3p at new year when the expectations were 5m masks a month being produced and sold.

At the moment we are at 1m a month being sold and c750k being produced (with the rest outsourced).
If a confirmed order for 5m+ masks comes through and the SP is sub 3p then the share is de-risked to a great extent and the odds are on making a decent profit in the near/mid term.

At the moment holders hope the orders come through , but it is a gamble which is why we are nearer 2 than 3. I'll happily pay another 0.3-0.5p to lessen the risk.
If it comes off I would have missed out on 20% of the profit. If it does not come off I would have lost nothing.

There is no such thing as a guaranteed profit.

Hi Poorinvestor….Why would I pay when the SP is only 2.2 and the bet was 1.5 or 10p? ...I have a copy of the bet post below: 3rd March 09:12

"poorinvestor….£100 charity bet that this drops below 1.5p and not up to 10p (I'll give you 50% discount on your 20p).
Save this post and get your money ready."

One 20% day does not a company make (deep) and given the grasp of numbers you have on the bet I am not too worried (you have gained some groupies though I see :-)
I still do not think this can justify a £55m mcap….but I won't go over that old ground.
The SP is actually about where is was when we made the bet.
So I'll keep the £100 in my pocket and we will see how this plays out.

If we get solid news here to de-risk I will buy back in , but as we are still 0.5p below where I last sold my holding I am in no hurry to just follow the herd as the risk is currently too high for me....but this may change

GLA

The timings promise on the results was a bad call (perhaps lesson learned to leave it more open ended in interviews).
I don't think anything on the assay results was really priced in ...3.5 was about where we were at when the 'visible gold' pictures were shown and we did not rise much beyond that.
With no benchmark on grades I don't think there is an expected number for the first set of results.
I just hope everyone has spent there waiting time educating themselves on what a good/economical grade is (there will be some shouting 'amazing' or 'rubbish' grades who do not have a clue.

This could go sub 3 , although I believe that there will be significant support at that level. Will also depend if any warrants are being exercised/topsliced (on which we can only speculate...those 100ks...maybe/maybe not).
One thing is for sure , this is not going to head much, if any, north of here until the results are published.

...oh, 1 more on the positive is that they kept encountering quartz and drilled to twice the initial anticipated depth

The only actual indications we have one the hole 1 results are:

Positive: Visible gold and Craig talking a lot about Fosterville in the interview.
Negative : He didn't look too happy in the latest interview.

Hardly grounds on which to base an assumption of the upcoming results so talk of negative/positive results is just speculation at this point.