Echo Energy Share Discussion Threads

[steelwatch] 19/9/2024 15:58

Well, that's it Z1CO. The floor's yours for trading as NTVO from 08:00 tomorrow. Good luck.

[richpassi] 18/9/2024 08:57

Trouble is the acorn was planted many years ago and all that has happened is the Squirrels keep nibbling at it. We come in peace to spread the truth. Beware :(

[helpfull] 18/9/2024 08:55

I have have read the RNS again.

I have changed my post accordingly:

That's 8g.

There are ~28g in 1oz.

At $2,500 per oz for gold that's $714 per day.

Or $260,610 a year.

Divide by 2 for a 50% interest and that is $130,305 to Echo Energy.

Or £100,000.

Take off production costs, transportation costs and G&A costs and that leaves very little.

For 10t/day, 5 x nothing, is nothing.

Echo Energy has a £1,000,000 loan (to be repaid next September) and €10,000,000 of bond debt.

A name change won't wipe that out.

Mug punters queue here.

Be careful.

[different world] 18/9/2024 08:16

Helpfull - read the RNS again.

There is much scope for vastly increased tonnage and yield here. Exploration continues apace and the eventual object is to increase output.

From small acorns big oaks grow and all that.............

[z1co] 18/9/2024 08:03

Steady buying this morning , MM's want wanting full offer 0.0032p.

[helpfull] 18/9/2024 07:45

2 tons a day at 4g per ton.

That's 8g.

There are ~28g in 1oz.

At $2,500 per oz for gold that's $714 per day.

Or $260,610 a year.

Divide by 2 for a 50% interest and that is $130,305 to Echo Energy.

Or £100,000.

Take off production costs, transportation costs and G&A costs and that leaves very little.

For 10t/day, 5 x nothing, is nothing.

Echo Energy has a £1,000,000 loan (to be repaid next September) and €10,000,000 of bond debt.

A name change won't wipe that out.

Mug punters queue here.

Be careful.

[z1co] 18/9/2024 07:27

Hi steelwatch , i may take up that offer!

A decent update this morning.

Valued at only £1.1m makes the shares very cheap for a producing miner.

[different world] 18/9/2024 06:49

Some in the know were buying yesterday.

An excellent RNS this morning, not noticed by many but it's fill yer boots time in ECHO.

Steady positive progress being made, and everything valued at just £1m.

[gary38] 16/9/2024 14:16

A new ECHO low.

[tidy 2] 16/9/2024 07:59

Make losses back with the HEX opportunity guys. hTTps://x.com/helixexp/status/1831969742820921847?s=46&t=bZL80vMI6HUgaShSFUmNuQ

[aspect100] 16/9/2024 05:07

I've sold the lot - 200 MLN - lost £900.Could have been worse.

How much will they want now.

Bought LGEN instead - at least I'll get a dividend.

[tidy 2] 13/9/2024 13:33

Anyone keeping this shower going needs their head testing.

[steelwatch] 13/9/2024 08:17

With the forthcoming Company name change to Nativo Resources plc, (AIM:NTVO), just like to say I am hanging up my boots permanently next year, so if anyone feels like starting a new bb, feel free.

[ohdearohdearohdear] 13/9/2024 07:43

Another fundraise imminent. Keep paying the director wages chaps...........

[ohdearohdearohdear] 13/9/2024 07:42

Any idea when the first target will be reached different world? Maybe consult with britishbulls?

[tidy 2] 13/9/2024 07:28

Beggars belief

[hopeful25] 13/9/2024 06:09

RNS out today-Update!

[different world] 03/9/2024 11:15

Even peasants like kemche can make a bob or two here. First target 0.0050p.

Strong BUY signal technically.

[kemche] 02/9/2024 08:13

I was unsure of the whoosh at first but am gratified that Dave is here too which almost guarantees it.

[kemche] 02/9/2024 08:12

Holding steady before the whoosh!

GLA LTHers!

I continue to average down.

[different world] 02/9/2024 06:57

kemche replaced by someone who talks sense.