RE: “The Plan”……………17 Oct 2023 08:54
Morning Tamer,
Yes, I suspect that there are many meetings going on with the BOD and the independent technical experts that they were going to get to look at the Victoria assets around the potential going forward.
A lot of decisions to be made around disposals, what projects to keep, prioritisation, approach to exploration moving forward, etc.
I fully expect and RNS outlining the strategy going forward within the next week or two and then the market can make an informed decision on where ECR is heading.
Lots to evaluate:
Lolworth
Hurricane (and the terms)
Kondaparinga
Blue Mountain
Creswick
Baillieston
Tambo
Otagon
The 2 rigs
Property
Tax Credits
Tonka Toys
I'm not even going to speculate on what they are going to do.
With a mcap c£3m there is plenty of scope for growth over the coming months/years given all the above assets if they can get 'the plan' right