The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I disagree, he knows his investors are eagerly awaiting drill results. He will just release the results as when they come in. I just think labs are very busy! What I like about ecr is Craig seems an honest and transparent CEO I don't think he will deviate from what we all expect. Which is assay results rns very soon after he recieves them.
Idk perhaps I don't know enough about this sort of thing but wouldn't they legally have to inform the market when he gets results back? Also couldn't it just be simply there has been a delay at the lab and the results will be arriving tomos or Monday? He did say in the interview the Assay Labs in oz were having unusually high amount of work atm.
Just to clarify my reasoning :- it was a while ago now since i last watched the interview but i think i remember Craig saying he didnt publish our own results on the off chance they were very different to what the official lab shows. I wonder whether this means in theory there would be nothing wrong with him publishing what our lab results are also and if this is the case he might be more tempted if we find the official lab and ours comes up with similiar results?
The good news is we already know that the results are good. The assay results will just show us how good the good results are. Doesn't get much more fantastic than finding visible gold in first drill hole! Hopefully each month they will find higher and higher grades.
However if i was able to make it i would ask Jim whether there are any companies out there attempting to do lab grown white truffles! Literally worth their weight in gold so could start earning before producing cell based food becomes cheap! If anyone else fancies asking this question please do :)
So if I have read the rnses correctly drilling started 12th Jan we had an update with cores 12th Feb. Presumably as Craig said they are gonna be constantly drilling so in about a week we should be expecting more cores from second lot of drilling (hopefully with slightly more visible gold than the last!) It is fantastic being in a company with so much expected news in the near term.
It was almost like part 2 happened at a different time to part 1 don't think it did as they were both wearing the same clothes! But if I remember correctly in part 1 Craig said we might take midas up to Creswick to do abit of drilling if we get any free time where as part 2 he seemed to confirm we would be and it would in partnership with our JV company. Either way it is all positive in my mind it is further confirmation the JV will be going ahead shortly.
I don't think Craig would give them any of Baillieston for JV. Unlike most companies we don't particularly need JV right now. Us shareholders would like it though! But ECR is well financed for years and have own drills. We know at any point we can stick a drilll in Creswick ourselves for minimul cost and will get loads of new offers and therefore I don't think Craig would be interested.
I like this company and think it will do very well. However does anyone know yet whether when we raise funds will it be based on the sp or the NAV? Few weeks ago this subject came up and people seemed not very sure. Currently our SP is quite abit ahead of our NAV also it is hard to work out our NAV so would be better for shareholders if all raised money was at a slight reduction to the current sp at that time? can anyone invested please explain whether this would be the case I think it would just abit confused!
General question. Anyone else been moved today from Share.com to interactive investor due to the merger? Personally I am not liking it as much mainly because it seems to execute orders straight away rather than give quotes first. Anyone else on this platform with same issue or anyone got any suggestions of better platforms I want to be able to do dummy buys/sells and get quotes.
More than just as far as AIM CEOs go The bloke is a genius judging by his track record! Built a mine at each of the last 3 companies he was at and the last one found £8billion dollars of gold! Hopes to do the same for ECR personally I think he will!
Was in GGP and I expect we will hit 10p with JV news which is a 100-200percent rise same sort of rise GGP had when they had JV news. Ofcourse this is speculation but considering Craig has been so picky with JV I expect the terms to be good. One thing we know is that they have been involved in other small companies like ECR which have gone on to become billion dollar companies.
Just seems fashionable ATM or looks that way investors seem to like Australian Gold companies safe jurisdiction etc maybe? I am not sure how Columbia compares but perhaps people trust Australia to keep control over Covid more also? Either way I could see this board going into abit of a frenzy with comments like this is GGP2 on JV RNS and potentially hitting double figures!