Member Info for TalkingSense

Obviously I meant a 'perfect eccentric'....didn't I

I agree...I never thought it was a grudge Coco/Sausage....I just think you are a per-rick

Many, Many times you said it would go lower at 0.2 ....and your (Sausageisadick) tip last week on NTVO at 0.7 worked out well....now 50% down.

And the company did have past failings, that you refer to , but is now in a very strong position and ready for a significant move up as BM develops and Lolworth is drilled.....Time to look forward

And another 5.5m @0.31.....someone is loading up!

Nice buy @0.31

09-Sep-25 08:57:15 0.31 6,451,612 20.00k

A well rounded 'BOD'...not BID

Morning Sausage/Coco,

A lot of words about MW there...that's in the past.

You may have noticed that we've hot a well rounded BID now with a near production asset (possible $17m a year revenue) at BM, new Lidar data at Creswick with an unsolicited approach there, a $75m tax credit we can utilise or sell , a bitcoin strategy and Lolworth drilling about to commence with a history of excellent results on surface testing on hold and REEs...about to find out if that continues sub-surface.

And to support that we have put together some high calibre new additions to the BOD who can see the potential of the company.

Zebbo,

You font need mining engineers for the next stages at Blue Mountain as its an alluvial resource...a digger and a washplant is all you need.

The key to unlocking BM potential is geologist to identify where the gold is(Adsm &Mike P), people with experience and a track record of taking resource to production (Mike P & Chris G) and an expert in mining commercials to fund and maximise returns (Chris G).

ECR have got all the personel bases covered for BM

Has breached $3600....now $3609

BM revenue estimate increasing by the day.

Zebbo, Shares awarded at the 20 day average prior to the end of the period.

Please tell us who is selling if it is obvious...cannot be any of the BOD as would have to release an RNS.

Interesting that they bring jn an expert in commercials, also have Mike P with geological/mining into production expertise...all the pieces in place.

ECR have got the right people in thd right place...at the right time.

Sausage/Coco, Using both your identities today ....must be really desperate to talk this down again.

I think everyone is aware it will take months to obtain a full mining license....no-one is disputing that and the company have be upfront with that in interviews..

The next step is to ascertain a resource estimate - hence the drilling , which results are imminently due and the washplant recovery work.

Once we have a resource estimate then we can apply for the license (we know they have already done the other work on water supply plan , (they have confirmed they can support the higher tonnage plants if needed) and the owner is on-side.

Then they can put together a mining plan proposal and apply for the license, That will likely be at the tale end of this year with the license granted in early/mid 2026.

Mike P is very experienced with the process to get to a license and will ensure all the steps are followed to get the process done with good governance and as soon as possible.

The current MCap is c£6.5m which is really low for a company at this stage at BM (and not including all the other assets) and a confirmed resource will significantly increase that MCap.

On the financing side the company has stated many times that we are funded for all activities in 2025 and into 2026 so 4+ months of funding (7 months if MW's easter prediction is correct) so there is no imminent requirement for a raise.

As well as BM we have activity in Lolworth where drilling will commence at some point in the next few days.....so not a one trick pony

Morning Sausage/Coco....Yes, As the company has set out no expectation of production in September , that is no surprise.

Results for drilling due 'early September' so likely next week and we should have an idea if we are likely to be able to scale up to the larger washplants and the $17m a year revenue that would bring (at current gold prices)

They've explained that they need the resource estimate to get the full license.

Having a resource estimate will also enable alternative avenues of funding that don't require dilution.

Original revenue estimate on 60tph was £1.306m per month (based on $3290 gold price)

Current gold price $3571

Estimate on current price is $1.417m per month.

That's $17.01 million per year.🤑🤑

Current mcap sub £7m

ZEBBO, I can't remember when we dished out shares at 0.13 for those 200% profits you talk of?

As for your other points:

1. Maybe, maybe not..no-one knows. Pure speculation.

2.We can only extract gold when it's proven to be commercially viable...BM is the first asset to reach that stage.

3.They are obviously confident in the strategy they have or they would not have made the new hire.

Totally agree that the ground looks good and it is time to deliver .

Gold now $3521 and rising.

Remember the revenue forecasts were based on $3290, so already 7% to add to those!

Ha Ha HA, I've missed you Sausage.

You could apply the so called 'pattern' of RNS pretty much to any month this year and there's not been a raise at all.

The recent RNS may have something to do with the ongoing activity at Blue Mountain, New appointments and operational updates ....which the company are required to inform the market about.

The 'imminent raise' has be banded about for the last 6 months and has not transpired...standard deramping BS.

The next thing that's going to shift the SP here will be the Blue Mountain sampling results....we'll see in what direction that takes us

If there is 'a seller' then they know nothing as they were also selling at 0.2 (and have missed out on 35% uplift from that price)

Personally think it some trading from last week's buys and the 'seller' that we had previously is already out.

Gold price currently $3471

The 60 tph revenue estimate was originally based on $3290......so the monthly estimate will now be up from $1.3m to $1.365m a month .....that's c$16m a year.

Looking forward to those drilling results to see if the g/t estimate will also be upgraded (in partnership with the washplant recovery rate)

No Zebbo , There is substance behind it this time.

Near term production at Blue Mountain (drilling results due any time now from the lab, with visible gold seen in the pans it's looking positive.

Potential for $13m a year revenue and no tax to pay on that if they utilise the tax credits (worth about $18m in tax savings).

Drilling about to start at Lolworth where all at surface results have been good or excellent...we will see if this is repeated subsurface.

And Creswick seems to be back on play with new Lidar data being released and an unsolicited approach for a potential JV there.

And mcap currently c£6m

More insight:

Https://x.com/Outofthegr/status/1960607213233311897?t=RqDajFb91uMOXVKC4L5gEw&s=19

And the latest interviews:

Mike Parker - https://x.com/ecrminerals/status/1960596100232176059?t=Bpm8BbIa1DHHcmHRRXcMDw&s=19

&

Nick Tulloch - Https://www.youtube.com/watch?v=h8B77kfgC2M