Ecr Minerals Share Discussion Threads

[kemche] 05/11/2024 20:16

£100 million sounds pretty conservative to me.

[hazl] 05/11/2024 19:37

Lolworth reminds me of Lulworth what a lovely place on the South coast.

[soulsauce] 05/11/2024 16:26

Well true Barony but we aren't in the same kind of market currently.
£30m would probably be on the low side with what we have but would I take it, would I.

[barony] 05/11/2024 15:52

£30m seems cheap. I thought we were looking to be over £100m with Craig and that was with less assets - like Lolworth.

[hazl] 05/11/2024 10:41

Thanks soul will take a look.
His story sounds very interesting.

[hazl] 05/11/2024 10:40

I am hopeful for several of them now.
It's been many a false dawn.
OMI Have started to rise from the ashes,too, recently and have drilling happening soon.

But that is not to detract from ECR that has very much improved it's situation if everything goes to plan.

[soulsauce] 05/11/2024 10:37

Stockbox out with Mike Parker and the Doc.

[hazl] 05/11/2024 10:37

Money talks.
This has become more valuable overnight.


IMO

[cyberbub] 05/11/2024 10:36

Hazl yes, encouraging!

[hazl] 05/11/2024 10:36

Those individuals in the industry that have been in a long time
AND weathered the storm, have learnt a thing or two soulsauce, as we have had to.

[soulsauce] 05/11/2024 10:05

I know the Doc divides the crowd amongst PI's but you can't help but like what he has to say and you do feel he has shareholder interests at heart, being a large shareholder himself.

[hazl] 05/11/2024 09:57

And cyberbub as you've obviously listened to it...did you see where Mike Parker was involved before and what happened !

[hazl] 05/11/2024 09:54

Excellent !

The magic 4 .
Will the 5 be breached next as you suggest?


It is about potential, because as I said that 1800 k acreage is incredible and whilst the slide rule is being run over these things it does give ECR more visibility from those with deep pockets.

[soulsauce] 05/11/2024 09:48

cyberhub it is possible there is 10-20k+ oz of fairly easily producible alluvial gold at Blue Mountain (may be more up to 100k oz) and I think many small miners would love a project like Lolworth in their portfolio plus a swathe of building land in Victoria worth about 500k and an area containing a potential Antimony find at Baileston.
I think 30m would eaily be achievable.

[cyberbub] 05/11/2024 09:14

It was interesting that he said that they wouldn't turn down stonking offers for the entire set of assets, a figure of A$100M or £50M was mentioned as a knockout offer, I suppose that was somewhat exaggerated for effect, but even £30M would be a 4x uplift on today's cap. The fact he even mentioned it (unprompted) implies that he's hint-hinting on a public video, while bidders for the tax assets (who are obliged to be in the same field) are circling...

For those who have been here longer, are the assets good enough to achieve say £30M today? They seem still too early stage to me, but the total acreage is very large at 1800 sq. km.

[hazl] 05/11/2024 09:06

Mike Parker sounds a great addition.

[cyberbub] 05/11/2024 08:48

Yes it all sounded very positive, they have good assets to use the receipts on developing! Mr Market seems to like it anyway. Am hoping for a push towards 0.5p as we approach the transaction close date at the end of the month. Encouraging that they still have 4 other parties interested!

[hazl] 05/11/2024 08:45

For anyone who is not aware of Gekko.

[hazl] 05/11/2024 08:38

Thanks Maverick.

Few notes for myself from the you tube.

Further core assets diamond drilling in Victoria High results in Lulworth blue mountain .
Lulworth money could be spent there Queensland and Victoria area 1800 sq kilometres.

Disclaimer they had to include that it could become a cash shell but they would be unlikely if they still had two subsiduaries.
If every asset then that would be different.
Reassurance, as he says unlikely to sell everything unless they gave them a price they couldn't refuse!
91% extraction means it's climate environmentally friendly.
Enhanced gold recovery I like that phrase!
Gekko report positive.
Listed for nearly two decades!
Long term vision?
4 or 5 catalysts so they have hedged their bets, they have taken shares instead of salary at times which has made them more cognizant of spending and putting in the hard work.

[hazl] 05/11/2024 08:09

Oh well done ECR!
What a lovely riser lately in this market!

Thanks maverick will take a look.

[maverick247] 05/11/2024 07:54

Interview with MDhttps://smallcappix.com/blogdetail?id=42

[soulsauce] 04/11/2024 17:53

We are in good company cyberhub. I don't look at mine too much lately 😕

[barony] 04/11/2024 17:14

Great to hold a rise and let’s hope for a small one of these every day, before the big discovery.

[cyberbub] 04/11/2024 17:04

I know the feeling soulsauce, the markets have been terrible for 3 years, my portfolio is down by a really depressing %age :-(