upcoming egz news, page-4

G'day Donnybrook

Until such times as management (if they exist) advise shareholders as to how or where MGY will find the funds required to make the forthcoming 25% contribution to the development of Molo, buyers will stand on the side line.

My recommendation is for MGY to offer EGZ 25% in the graphite deposit that is presently 100% owned by MGY on the basis that both parties then move forward on a collaborative development and funding arrangement.

Personaly I would stage the developments so that the market is not over supplied.

I note that the EGZ SP also fell .5c overnight!!

Cheers

R1