Member Info for TalkingSense

Cocopops,

Can you please provide some example of this "pumping" or is this ANOTHER baseless accusation.

I'm surprised that you are not shouting from the rooftops as they have solved the , as you put it, "historic water issues" which you were worries about last week......got the water from the creeks, problem solved.

Also they are commissioning a larger plant than originally anticipated which can only mean more production !

....and everything at BM is moving "with technical and geological activities advancing in line with management's expectations" , so staying on expected timelines

And drilling confirmed at Baillieston in April to prove up the Antimony resource, which we know is the current 'hot' commodity

And the company has the $225k in the bank.....all planned activities were already budgeted/covered by current funds so we have some extra cash to spend before further dilution.

A good positive update.

Cocopops,

BM land owner agreement has already been in RNSs and does not need repeating ...we now the landowner is happy to work with ECR (and has even provided equipment /manpower in the past).

Permits - We know these are being applied for and that they are permitted to mine a certain amount, from memory up to 1000 oz of gold (happy for someone to correct me on the amount) without a permit.

Tax losses - Are in the RNS . Discussions with further third party. No evidence to your baseless assertion they will never be sold.

You are correct there is no other small scale nonsense, also correct there is no mention of panning elsewhere.

And you are also correct that your post is "total nonsense yet again"

" only made possible by a grubby orchestrated retail pump though. "....and as an existing shareholder I am glad they raised at the peak and didn't have to dilute further.

And it was not totally unexpected as everyone knew that funds would have run out in early 2025.

Funny how no-one on the BB ever mentions the "grubby little co-ordinated deramp/bashing" that occurs every time we have an RNS released or piece of news.......the same group (mostly non-holders) appears to put their point again and again, switching from one (usually unsubstantiated) perceived negative to another.

And the same happens on twitter ....We all know their are a few (probably 4 or 5) rampy posters on X, but their are at least the same number of derampers and they swarm whenever any update or interview is produced.

Unfortunately it's the world we live in today , be it AIM shares, politics or news, the balanced posters/reporters get drowned out by the keyboard warriors with extreme positions or just out to cause a reaction to fulfil their sad need for attention.

Anyway , back to ECR...Confirmation of the results of the feasibility and ordering of the wash plant will be the next piece of solid news.

....oh and of course the solving of the "historic water issue at BM" (by historic Coco is referring to the comment Nick made in an interview that water would be needed on site to work the plant and they had to come up with a solution to fulfil that need.....which is a common problem in Oz with many relatively easy solutions available....but is now "historic" ...lol)

"the share price is at it lowest IT HAS EVER BEEN"

"Trump"ing it with capital letters does not make that false statement true.

🤡🤡🤡

So Sausageisadick you say 500,000 x 0.33p...that's £1650 worth of shares to Mike W 🤣🤣🤣

You are right he has absolutely screwed the company there FFS..Call the fraud squad....you must be having a laugh.

Gold finger is an absolute nob on X ...another with a massive vindictive chip on his shoulder.

You're not wrong there Diplomat ;-)

Someone selling a lot off today and someone else just mopped up 6m (which one of the negative posters was that?)....lol

Just to prove your point Mentalmax ....lol

Yes , a balanced BB would be a plus (maybe someday)

James ....Change the record....posting the same thing repeatedly is getting boring.

You don't rate the BOD....we get it.

Perhaps arrange a date with BMD/ Coco and you can have a we hate Mike party?

"Unsuited."

Didn't include the £223k exploration credits for starters...so not all assets included

Cocopops

"Asset worth $110k on paper".

Another baseless statement or for the first time do you have any evidence to back this up?

Good point Sausage, This is a similar statement that they made about Blue Kebble/Blue Mountain.,....and that £200k purchase of BM has led to a great discovery that can produce millions of pounds worth of gold......Let's hope it is Deja Vu with Maximus.

So what did the interview tell us:

*Getting Blue Mountain remains THE focus for ECR and Maximus will not be a distraction or cause any delay in getting to that production.

*The 'conservative' estimates of BM production issues by the company will equal a multiple of the money that the tax losses would have raised (the conservative estimate was c£2.8m per year).

*Hopeful for BM production within 3 months.

*ECR ended the OCTO deal as Octo could not progress satisfactorily on their side.

*Still open to all options on Tax Losses, as per Friday's RNS

*Cost savings identified at BM as well as the property sell mean that the initial drilling and re-resource at Maximus should be funded (but obviously a future raise cannot be ruled out if extra expenditure is required....Nick did NOT say there would be a future raise). Also BM should be in production shortly after the deal is complete so ECR should have an income at that point for future funding.

*DD to be completed....Maximus deal hopefully completed within 3 months.

* Canada team will be separate to Australia team so no impact on operational timelines.

* There was a resource report 10 years ago. The initial plant is to explore down to 200m (previous only down to 125m explored) and an updated resource report will be produced.

I see a few are intimating that it is a bad project to invest in , but as usual are providing general statements and no actual evidence to back up their claims.

Once the DD, deal, drilling and revised resource report are provided then we will get a good idea if it is a valuable asset. The published grades from previous drilling certainly look encouraging.

Wow, Working hard today James.....And to think that last week some posters wrongly accused you of being only a negative poster.

You've shown them today!

"You guest it, there aren’t any that can use them:

Another baseless statement unless you can provide evidence (guessing not).

"in meantime the lack of funds from any sale would mean future dilution AGAIN! "...another baseless statement as BM income will more than cover exploration expenses so no further raise would be required.

Apologies for the spelling ,....typing on phone in moving car(not driving)

So I pop out for a couple of hours and come back to find ECR have cancelled the deal.

Will make sure few posters here happy as the company could have 'kicked the can down the road' , but instead have said goodbye to Octo.

I don't know why NMD/Cocopops is posting so much as in his mind the deal was dead on Wednesday so nothing has changed for him.

Another poster was questioning why ECR weren't using the tax losses on BM...the vompany now have that option.

And Baillieston is now free to sell as an entity on its own.

Traders will be p***ed as the get hit sgsjn.

BM still on track for production, we still have £9.8m of tax loss credits, Baillieston antimony play interested parties and Lolworth shaping up nicely.

There's going to be a lot of vitriol and character assassination on the BBs over the weekend, but ECR are still fully funded and operational activities are not impacted by today's RNS.

WE pulled the plug on the deal and we still have the tax credits and are progressing assets to value add in the short term.

News tomorrow .......or Monday ??

Until then, "As you were gentlemen !" (and ladies)

Cocopops,

Are you still spewing the same rubbish that was discredited last week.

If they make money out of the options then all shareholders will make money as they likely won't exercise them under a 1p SP.....300%+ up on where we are here.

If this BOD and the next one is a success.......alot of IFs in that statement.

Hey, What IF the tax deal gets done, and BM goes in to production and produces £3m a year (current conservative estimate) and Lolworth continues to develop (we have had nothing but positive results there so far) ......then the SP is way, way north of 1p .....do they deserve their options then?.......I would say Yes.

The only joke you should see is when you look in the mirror ....absolute clown.

As also stated in the interview....If the deal was 'dead' then the company would be duty bound to report this on RNS.

All outcomes are still available at this point:

-The deal goes through on original agreed terms (or improved?)

- The deadline is extended (let's hope not...but if so hopefully only for a week to get legals finaised)

- The deal goes through with another asset (not Baillieston) included ...and we JV or sell off Bailieston separately.

-The Octo deal is shelved due to a better proposal from another party.

- The deal collapses at the last minute

At this point no-one knows ...Which I feel is why there's not been a massive bullish or bearish position taken in the lead up to the end of the month. It should leave the SP to 'run free' as it reacts to whatever the update is.

Chesh,

Yes, That's what Nick said in the last interview.

One thing you've got to hand to ECR over the last month is there have been no leaks at all over the negotiations....

.....but unfortunately this has led to a s**t load of wild speculation on BBs.