Member Info for TalkingSense

James, "initial production"....if you need that explaining you really shouldn't invest here.

I'll simplify it further for you as it is complicated:

*They dig it out of the ground

*They put it in the wash plant

*They then process what comes out of the wash plant so it is just gold (gold is what is worth money ).

Getting gold is the "production"....So when they start to produce gold , that is the "start of production"

ECR said they will "start production" in Q2 ...they did not state any production figures (that's saying how much gold they will produce) on day one.

They have said they would be at full production (that's c $3.5m/yr) at the end of the year.

I hope that is clear enough for you.

Cocopops, What are you talking about?

They have 2 months to hit the initial production timeline they set out.....you can't put an argument that they've missed it before the date it is actually due.

And the success of BM will be that it is generating enough revenue to cover ECRs monthly expenditure (basically ECR becomes self funding) before the end of the year , therefore negating any future fundraises (such as the phantom Q3 raise that you have no basis of assuming). Even before getting to full production BM will be cash generating and therefore will increase ECRs funds moving forward.

Don't forget the Leviathan resource report is imminent and ECR will receive up to $1m so that would give ECR more cash in the bank (and if the deal Leviathan are putting together happens then further payments may be triggered...although we'd have to wait for ECR to confirm the intricacies of the contract for that one)

Sorry about the spelling , typing in a moving car (not driving)

Zebbo, I the latest interview the vompany saud that there is an interested party in doing a deal on Creswick.

Early stages, but they have dine a sight visit.

Creswick is low on ghd ECR priority list with BM, Lplworth and Baillieston taking priority.

I don't think we will see any activity at Creswick in thd next 6 months.

Obviously a JV with a free ride or a ourrught sale would both be goid outcomes.

I don't think we will get any updates on a deal for a couple of months.

In the meantime we await the Baillieston gold/antimony results and clarification on the BM production timeline

**until more robust BM timeliness are produced

The SP is likely to remain around these levels until either Baillieston drilling results or a more robust BM timeliness and produced.

The SP is being held low by one (or maybe a couple) of large sellers amidst low volume trading...its not exactly a stampede for the door some make out.

Oh Cocopops,

Still laughing at you, not with you. 🤡

James, Can you please let us know what these unplanned activities are.

Otherwise we can be safe to assume they have the funds for all of 2025 and you are just making baseless claims.

So, based on that you must be aware of unplanned activities as you are stating they will need to raise?

.

.....and don't forget they have the Brewing Lane property money on top as a buffer

James, You know that is a blatant lie.

ECR have repeatedly stated they are funded for all planned activities in 2025 (and that was before they sold the Brewing Lane property).

In this week's AGM statement they also said that Blue Mountain was fully funded for all required activities to get to production....and when they are in production and revenue generating no further raises will be required (unless of course a massive project is required in the future).

So the false narrative of a near term fund raise requirement holds not water.

Well there are 150 -200 cores on your way this year from Lolworth so you will be in core heaven.

Hi James, Still waiting for your insight/thoughts:

I'm sure you have been impressed by the gold surface sampling results over the past couple of years which have been consistent and very strong.

What are your thoughts on the prospects at Lolworth for gold?

Ok, I'm reading that as no specific concern....just a feeling

As well as the BM production that will be income generating we also have the Avoca resource estimate that I believe is due in the coming month and will trigger up to a $1m payment to ECR which may stretch funds out further.

We have a 150-200 hole drilling programme due at Lolworth this year.

I'm sure you have been impressed by the gold surface sampling results over the past couple of years which have been consistent and very strong.

What are your thoughts on the prospects at Lolworth for gold?

You were repeatedly raising concerns the non mention of specific funds ECR hold in the AGM statement (although no company ever mentions their balance in an AGM statement.

The company has stated they have funds for all activities to thd and of 2025 and will be at full production at BM by then.

What is your concern and what specifically has caused that concern?

Well why not engage in chat instead of being confrontational and creating negatives with little /no basis.

Ok, let's chat about specifics (not generic, they've never done comments)

What are your thoughts on the upcoming Baillieston drilling programme?

If you dont think it makes no difference why are you posting.

That would mean you are just a negative wind up artist...the true definition of a Troll.

Why are you posting?

But some of us don't have to be a***holes to do it

Wow, that's a great argument

Traders watch the SP, Investors watch the operation

Working hard Trolling with thr non-stop negativity over thr past few days Janes.

12m shares sold at just over 0.2.....That'll be why the last day or two's buy have not shifted the dial.

41 has now turned to 43....let's hope that MM signal means move the SP up ;-)