Member Info for TalkingSense

"Octo are dragging their heals".....where is the evidence for that?

Morning James,

The placing was required as the company had funds to the end of 2024 and they knew that the HOT they were about to agree meant negotiations were going to go in to 2025, and it also secured funding for 2025 activities which took all the time pressure off the company, putting them in a better negotiating position.

No conspiracy theory , just common sense business.

So you have no evidence for the bold , and baseless, statement you made.

Cocopops,

"Parker isn't bringing anything to the party- he is a ghost."

What evidence do you have to support this statement?

Do you have proof that he is not working on the BM production plan or supporting analysis of any other geological analysis.

If you could provide a link to the evidence please I think we'd all appreciate it.

If you cannot then it's just another baseless negative statement

Cocopops, The results are from sampling taken in Oct/Nov last year by a field team ...not spreading the BOD at all.

The BOD have been focusing on the MGA and BM in the months since.

As a multi-prospect company we have to keep all prospects moving forward, but the focus currently is definitely BM & MGA.

Mike Parker (not Palmer..lol) has been brought on primarily to get BM in to production.

Having two geologists give additional expertise and will enable multi-project focus going forward.

I have to disagree with you regarding Lolworth...excellent sampling results (just look back at previous RNSs), REE resource very prospective with local government agency and academia wanting to partner and 900 km2 if license area...has the potential to be a massive resource.

Morning Cocopops,

The whole point of the testing is to identify drilling targets and hopefully expand the area of resource (which was expanded)

The results were from alluvial sampling (they are not drilling results) so you dont expect bonanza grades the results have fufiled their purpose and have expanded the resource prospect areas.

As it says in the RNS they are identifying 5 areas for drilling in 2025 , and this work is already budgeted for.

Niobium results are very encouraging and the boffins we are partnering with will no doubt investigate further (REEs are going to be very much in demand moving forward).

So resource area expanding, drilling planned for this year and Niobium area increasing,

I've always said Lolworth will be thd ultimate company maker for ECR..its got the potential to be an absolute beast of a resource.

Get BM into production and then the funds are available to accelerate Lolworth significantly.

Https://x.com/ecrminerals/status/1887043056815194348?t=sUwHkOS8Z_hvXF0kkdi7eQ&s=19

P1D....Coco calls that his usual Friday night out ...lol

And the £2.8m estimated production per year at BM , I believe is based on $2700/oz

.....and that production can also be increased in future with additional washplants, etc

Mentalmax....Fair enough your opinions on the BOD (everyone is entitles to their own).

I don't think you can include Rampy Burton in the BOD criticism though...he's just a shameless independent ramper.....

Although he knows something that no-one else has remembered ....pmsl

Still the same

Hi Sausage, I hope the Mrs is well !

Well I certainly didn't base my trading on your advice when you were screaming sell at 0.21.

Apologies all for the distraction.

Today's interview from Nick & post from Mike W below:

Today's interview:

Https://x.com/Share_Talk/status/1886323648224510231

Post from Mike W about the £2.8m annual production figures:

"Blue Mountain Project is capable of having an indicative revenue potential of approximately A$470,000 (US$295,000) per month.

As stated in today's RNS #ECR

this is an early indicator. This does not represent full potential, or if we doubled up on wash/process plants."

https://x.com/DDS_DocHoliday/status/1886326475730588113?t=38VeTMd1qXoF9l0WFzQBAg&s=19

"anyway- im spending too much time on this nonsense"

Most factual thing you'posted today 🤡

Mike PARKER is being renumerated primarily in shares....not taking cash from the company.

Flustered 🤡

Cocopops,

Getting a bit flustered are we and letting you personal vendetta show?

Yes the £2.8m is based on an independent report from an independent internationally renowned third party).

You latest posts are frankly pathetic. I mean some could look at you history and easily assassinate your character. ....wouldn't take much effort🤡

Cocopops,

Just to add (so you have the full facts).

The £2, 871,150 annual gold production figure is the initial estimated production.

The future figure could be much higher-

As Mike W states in a tweet:

"Blue Mountain Project is capable of having an indicative revenue potential of approximately A$470,000 (US$295,000) per month.

As stated in today's RNS #ECR

this is an early indicator. This does not represent full potential, or if we doubled up on wash/process plants."

https://x.com/DDS_DocHoliday/status/1886326475730588113?t=38VeTMd1qXoF9l0WFzQBAg&s=19

Cocopos...

Apologies...I put £2m a year.

$295k production per month is actually:

£2,871,150 PER YEAR OF GOLD

So that would give the current £1m exploration cost run rate + £1.8m to cover costs and profit.

Surprised you didn't notice that

Cocopops...Again (for the 3rd time)

"Current annual exploration is under £1m a year so will easily make ECR self funding and still c£1m left over for running costs/profit."

Key phrase:

"c£1m left over for running costs/profit.".....

....as you say we don't know what the running costs are so that's why I didn't specify a number.

Given the relatively simple extraction method and likely staffing requirement I would suspect that we will have a chunk of that £1m left.

So looks likely BM will cover exploration costs, as they stand, and give some addition profit/exploration funds for the company to play with.

Unless you can come up with some 'facts' that prove that they will have over £1m a year expenditures on BM.

Hi Cocopops.....

Not sure you can state FACT if you then put a question mark at the end of the statement.

Anyway, As I said earlier:

"Blue Mountain with an initial estimate of $295k per month.

Current annual exploration is under £1m a year so will easily make ECR self funding and still c£1m left over for running costs/profit.

All set up costs are covered by current funding."

Yes, I think the landowner will team up with a UK company (unless he is a member of the Aussie version of Reform...lol).....Have you any 'facts' or evidence that would suggest otherwise?

The owner has so far provided equipment and knowledge in the testing phase , so is obviously keen to get to production.

FACT - ECR can extract up to 1000oz of gold without a permit.

FACT - Nick did say they would find a solution for the water supply .

FACT - There is easy access to the site, a nearby available workforce, resource only 1.5m down and AND LOW CAPEX COSTS to set up.

FACT - they have employed Mike Parker who is an expert and has a successful track record in setting up mining operations

FACT - Funding is already in place to get BM operational