Member Info for TalkingSense

Will1734 posts:
10:35 " Traders taking 20% now...not me lol"
11:28 "took profit on 20% of my holding @ 1.825p glah"

Just took an hour to lose faith...lol

You call a downgrade in the product and massive production volume capacity reduction mildly positive/negative...but some pictures of a mask and an Italian website is a game changer....we see things in different perspectives

Shrew....I apologise (but no need to be rude) .
If there are pictures of a mask on Twitter then a £6m increase is totally justified. lol

10p
hahahahahahaha

The mcap has risen £6m on the back of an Italian website ….madness

retail €1,40.....so se are probably charging c35p (tops)….minus expenses that's ?? profit per mask
Going to need a s**t load of orders

How many have they sold?
Is this a main industry supplier website or just a corner shop?
What's the price?

People get very excited without knowing any detail.

Thanks Nobby, So (excluding costs) if we are paid 30p a mask we would have to produce c 57million to clear the £17m attributed to the current SP by the mask and c 163m to justify the 3p SP (2.5yrs production @5m/month)….and then those numbers need increasing with costs.

I know that's not how the mcap works on pure revenue , but shows the optimism required to get to 3p/share....especially as the current order book is zero.
NHS could order 1-2m a month as some have pondered (obviously we would have to price point lower and hope that they have not already signed contracts with other mask companies who produce masks with a protection level similar to the lower protection mask that we have now decided to produce).

Some of the additional mcap over the last couple of months may be due to the other products/services that RMS have (as some have alluded) so happy for anyone to point out those services and the mcap impact they have had.

Thanks Simrann… I appreciate a sensible answer.

Have you any idea what the profit margin after costs is projected to be for a mask?

will you actually show how AIM works...according to your posting history you bought in on spikes @2.5 and 1.85...then at 1.45 ...then sold at 1.75 and claimed a profit (????).
Then bought in on the spike yesterday around 1.65-1.8 so are underwater on that trade.

Maybe trading on the numbers instead of being a sheep would improve your profits...sorry losses.

will1734...I agree short term that AIM does not work like that as rampers and derampers impact the SP as sheep believe the BS they spout.
However over the medium/long term the fundamentals of a company will in a large part dictate the SP (with a degree of "AIM BS" built in :-)

So the question remains valid:
How many masks a year do we have to produce/sell to justify that £17m mcap increase currently attributed to the masks?
And therefore how many masks do we have to produce/sell to justify a 3p SP (mask attributable mcap contribution c£49m)

The company had a c£15m mcap prior to the masks being announced.
Currently the mcap is c £32m

That would suggest that £17m is currently attributed to the value of the masks.

So question: How many masks a year do we have to produce/sell to justify that £17m mcap increase.
And therefore how many masks do we have to produce/sell to justify a 3p SP (mask attributable mcap contribution c£49m)

No worries, I get where you are coming from.

1.8 buyers from this morning are 20% down in 3 hours.
I think the lesson I have learnt where RMS is concerned is only invest on a big uplift if it is supported by news and not just the MMs playing a blinder.

5p next week talk is unrealistic. Confirmed sizable orders may get this back to 3p , however with the product produced being changed last week it is unlikely that any sizable orders will be confirmed for a month or two (any sales talk prior to that would be on a product that now is not being produced, so all sales will have to start from square 1 again)

correction..."we know there are a couple of hundred thousand oz @ Blue Moon"

JTB, No-one is claiming that ECR will be a £800m company this year.
There is every chance however that the SP will be 20p+ by the end of the year ( so a similar rise to GGP last year)
the comparison between the two is the stage of development and the flightpath that ECR are on which is similar to GGP two years ago. The overall MCAPs will be much different (for at least the next year or two).

Creswick could be a $8BN resource on a JV (Craig Brown quote).
Baillieston could be a beast and is 100% owned (better to have 1 JV and one 100% owned rather than 2 JVs if you can progress yourself). CB has also stated previously that we know that there is at least a couple of hundred oz at Blue Moon alone and a couple of the areas within Baillieston are 'similar' in geology to Fosterville. Bags of potential.


For all we know in 5 years time the GGP board may have posts wishing they were more like ECR (couldn't resist poking the bear with a stick there ;-)

AG,
Sounds like we have similar thoughts/ strategy on this. just loading up as much as possible at these levels then will sit on my hands for a year or two.
We know that PJ is a dilution merchant from our experience of him at this company (dark days).

Drill results should be interesting. For comparison POW are claiming their latest acquisition has 'significant' gold resource with:
11m @ 1.96 g/t
& 5m @ 5.9 g/t

On that scale I think ours will be 'very significant' ;-o

Could come any time now.

Codejunkie, Paul Ryan is looking on from his £2m mansion funded by his sell off and saying "what c*ckups?"
LOL

Correction: ECR SP would be around a £1 if we had a similar mcap to the c£861m current GGP mcap.

Aberyswyth, Although the 40p GGP statement is incorrect, the potential here to multibag is very real.
If you do look at GGPs MCAP you could assume that ECR progress to a similar position over the next 2 years (we would need the JV to be signed quickly and drilling at Creswick to be progressed at a good rate). then the ECR SP would be 70p plus.

Not saying that is where it will be (could be lower ...or higher).
Many factors will effect this : Plus side is the huge potential @ Baillieston which we OWN 100% with potentially very low production costs and the potential multi million oz resource at Creswick, as well as more licenses en route.
Negatives are the potential dilution required to take a mine in to production (hopefully minimised with a higher SP to the current one) and if a JV deal is not agreed.

And before you pull me up for ramping....potential is the key word (otherwise the SP would already be up there).

So 70p+ in two or three years.....maybe and maybe not.....but I would certainly not be shocked if it gets there.

If you think AIM shares is a rollercoaster then look at Bitcoin trading.
Yesterday morning fell by 11% , then rose 8% and then today down 12%....someone is making or losing a fortune very quickly by day trading.
Way too much for me to even contemplate, and have in the back of my mind that it is being manipulated...I think crypto will be the next bubble to burst.

Anyway....good old gold is keeping it's head above $1800 today.

Another day closer to the first assay results.
I'll let you all go back to sleep now.