It is good to see the deal has for the recovery plant has been finalized as detailed in today's news release.
Now that ECU has completed the deal to reacquire the gold and silver recovery plant from Helca, the next step is determining how much of the expected $500,000 maximum for start up and commission costs will be required.
I believe new investors will be watching closely to see how quickly ECU can get the plant operational and to what capacity (300 to 500 tpd initially). Finally, if they can do all this profitably then we may finally start to witness a re-coupling of the share price to the underlying commodity prices since they will have an almost limitless supply of ore to feed the new plant making ECU self sustaining. This should reassure investors that any further financings will be mitigated and that positive cash flow can be used to further delineate the resource deposits and thus increase the overall value, as well as, financing the exploration of the targeted hot spots for organic growth.
I would expect ECU to relay their plans to shareholders once they have had some time to re-commission the plant.
Overall, great news, but the next step in my opinion is the most critical and will likely have the greatest impact on the share price.