Member Info for TalkingSense

Coco,

So are you saying you believe BM (that you say wont be in production this year) should be prioritised ahead of Maddens (in production in 3-4 months)?

Morning Chris, I take it by both you mean Coco & Bailey.

I definitely haven't claimed he's part of the team since he left last year(and his X post a couple of weeks ago to Coco confirmed he is not receiving any consultants fees from the company as has also been incorrectly claimed on numerous occasions),

Anyway enough of the out of hours banter (I try to stick to ECR in hours).

Next up:

Maddens update, Raglan results, Creswick JV news or Lolworth drilling plan?

Oh desr Bailey,

That's the poorest justification attempt ever.

So if I talk about THIS management team am I talking about all BOD members ever?🤣

No, THIS management team is the current one.

David Tang and Mike Whitlow were part of that management team from a year ago (Before Lolworth drilling results, Raglan and Paleogold deals)

And as usual when proven wrong your ego cant take it and you default to abuse.

I feel so sorry for you that your life has amounted to trolling a company BB that you own no shares in...so sad to see.

Bailey , You asked me

"Please post " WHERE I SAID " that whitlow is CURRENTLY part of the management team ???"

And as requested I posted you previous post.

" THIS management team have milked this company , certainly Whitlow , at everyone else's expense" which clearly shows you did post it.

Your so pathetic you cant even admit making a simple mistake.

I pity you little man.

Cocopops.

PERMITS have always been expected to be granted in H2 so not 'taking so long' (what updates are you expecting on this before being granted???)

STAFF - I'm sure that they will not just pick up an inexperienced crew. And yes they will pay them (the running costs at Raglan with a crew are only c$2000 a day or 0.6 oz of gold)

"no ECR director is going to be onsite or in country over watching" - Chris Gibbs (that's the Australian Chris Gibbs) is overseeing ECR operations so YET another incorrect statement.

LOCATION: Yes you are right to point out that there are already 4 areas of BM that are highly prospective for production. ECR have all the results from the drilling and testing campaign and will have these ranked/prioritised.

EQUIPMENT: Obviously they are not going to move ALL the equipment or ferry it all backwards and forwards, but there is equipment that can be transferred (i.e. they may swap the 60 & 36 tph wash plants) and any spare equipment they can permanently move which would be beneficial at BM. Or they could choose to hire some equipment to start, reducing initial outlay.

Absolutely agree that Maddens is the priority , which will be in production in the next 3-4 months.

Would be lunacy to expect BM to be prioritised ahead of that as that won't be producing until at least Q4 (although for some reason you expect BM to take precedence now...why???)

Please also post a link to Nick's hostel comment (another fabrication?)

Here you go Bailey...Here you refer to the current management team:

" THIS management team have milked this company , certainly Whitlow , at everyone else's expense"

So back in your TRUMPIAN SHOUTING box.

As for your other points I have addressed them many times because you post the same sad, pathetic rubbish every time referring to years gone by.

Still pitying you and your sad trolling life.

Original BM revenue modelling was done at $2490 (see table is below RNS)

https://www.lse.co.uk/rns/ECR/operations-update-and-tvr-b2f39qgycy4fnw4.html

Don't worry Cocopops....they've got you covered (well not you as you are a non- shareholder.

LOCATION: "Multiple areas now identified as potential start-up gold production zones, including Lower Patterson, Upper Kariboe, Windmill and Roan Colt." https://www.lse.co.uk/rns/ECR/blue-mountain-drilling-results-operations-update-imewt8udne3v5nq.html

PERMITS : Last weeks interview confirmed the application is in....awaiting confirmation

EQUIPMENT : There is a 36tph on site already. as well as some other equipment. Also some equipment can be moved/shared from Raglan as previously stated. Quote from Dec RNS "The proximity of the two projects will enable us to share plant and equipment and operational expertise across both sites, aiming to enhance the efficiency of both. We also intend to utilise our A$76 million of tax losses to offset against future production profits."

STAFF : It took less than a month to hire the last crew....so no issues on timeline in sorting that. They may split and expand the existing crew or transfer the existing crew to BM and hire a new one at Raglan.

Check your facts...Whitlow is not part of the current management team (basic knowledge) 🤣.

Bailey, I posted the Operational facts in my last post, but will post them again as you must have missed them.

(I remember Haythorpe ....just wanted to reverse takeover Hurricane and then had a sad on when it was blocked, and left...From memory Hurricane was valued at c£5m and we've got the license next door , Kondaparinga, pending ...same geology , but twice the size....and minimal cost.

Thanks for reminding me about Creswick:

I'll update the list with a couple of others as well:

Raglan is in production (awaiting initial results)

Maddens decline being extended (no reported operational issues)

BM mining application is in - awaiting grant (no known issues)

Salt Bush planned production for mid 2027

So operationally all going to plan/nothing known that will impair Raglan production now/ Maddens in 3-4 months/ BM setting up by end of the year/ Salt Bush mid 2027.......at which point ECR will have FOUR revenue streams.

Also;

Creswick JV (with the lawyers)

Tambo South initial exploration

Lolworth second drilling campaign (following the very successful gold/silver results in the first campaign)

Baillieston additional drilling.

So newsflow coming on at least 8 fronts and four revenue streams online in the next year.

First news likely to be Raglan initial results.

Poor Bailey, Such a sad life trolling a share he does not own (I still pity you) and now apparently doing further research (I assume it is Doc you are stalking as the x CEO?)

As you repeatedly say , the SP is low and is a great opportunity with many projects developing.

Operationally:

Raglan is in production (awaiting initial results)

Maddens decline being extended (no reported operational issues)

BM mining application is in - awaiting grant (no known issues)

Salt Bush planned production for mid 2027

So operationally all going to plan/nothing known that will impair Raglan production now/ Maddens in 3-4 months/ BM setting up by end of the year/ Salt Bush mid 2027.......at which point ECR will have FOUR revenue streams.

The only negatives you seem to have are 'in the past .....'

A year ago Hull City were struggling for Championship survival and West Ham were comfortably mid table in the Premiership ....just shows the past has little/relevance on future performance.

Coco, No, YOU suggest that.....again with no evidence to back up YOUR claim.

In the interview last week Nick again re-iterated he expected Raglan to cover G&A.

The numbers will prove one way or another.

Coco :

"CONSERVATIVELY assumes 938 ounces of gold over a multi-year period, a gross in-situ value of cA$7m'

The company was originally lowballing the numbers (0.15 b.c.m.) so expect the numbers to come in higher (BM is 0.35 b.c.m. for comparison).

We will find out when the first production numbers are produced

Cocopops, That's still only 'Phase 1' you are talking about. Area of resource will be expanded.

Also I'll point out that $7m sub 4 years will probably cover G&A (your numbers, not mine)

Agreed Chris, Gold seems to have stabilised in the 4500-4700 range lately which is over 35% above the price a year ago.

They've fixed the hoses and other issues and the rainy season is over in Queensland , so should see them ramping up the production.

We wait for the initial figures from Raglan . Nick restated the expectation of Raglan to cover G&A in yesterday's interview and he would be foolish to double down on that statement unless he was very confident.

Countdown is on for Maddens to start producing as well. as the decline work continues.

"Raglan results will prove a few points"....for once we agree

https://youtu.be/VrqHJNk4C04?si=bwSpsgyt_S3Q6CNO

For those who haven't seen today's interview.

https://youtu.be/VrqHJNk4C04?si=bwSpsgyt_S3Q6CNO

Trevor, As with all shares could maybe etc would already be priced in if they were certainties (that's where the future SP upside sits is when those are clarified) ...just for balance

Two key points:

BM LICENSE IS IN:

"We have an ongoing license application for Blue Mountain to start production there. That license application is in. We wait to hear any further questions that the Queensland authorities have."

CONFIDENT RAGLAN WILL COVER G&A:

"We always spoke about the fact it would cover our G&A. It would provide some initial cash flow to support the much bigger project which is Blue Mountain."

"All the signs are that Raglan is going to do exactly that. And for me, that is transformative because that takes us into that first step of being a producer."

Bailey, Wow, that's alot of the same old blah, blah ,blah.

Such a small man,spending his life constantly trolling a bulletin board ...you're so sad, I really pity you.