EGR 4.17% 11.5¢ ecograf limited

VIllage Square meeting II (byo pitchforks), page-22

  1. 1,801 Posts.
    lightbulb Created with Sketch. 35
    Interesting points. I also believe if finance is going pear shaped we won't actually recieve an announcement stating as such but rather an equity funding or other finance scenario will be conducted behind the scenes. SYR situation played out like this didn't it? The extremely detailed documents sent to the lenders recently in regards to the RAP gives me solid reason to believe the lenders haven't withdrawn interest. In relation to graphite pricing the BFS should be announced soon so we won't have to wait long to see if we are still viable. I agree we are most probably a way off from seeing finance finalised. This doesn't mean we won't get positive announcements along the way to suggest finance is proceeding thus shooting up the spot price before the German government guarantee is announced which may be the final confirmation we need whereas if this is the case the apt price will be significantly higher at this stage anyway in my opinion. An improved BFS is critical. Some sort of positive announcement regarding the bank's position at this point in time would also help. The technical review of the BFS must be dragging on and thus we are in limbo. No major sell offs have occurred so no alarms in that regard. Critical period we are at and again we are literally gambling even though we have all put our time into our own die diligence. This is the spec market after all. We don't get the full spectrum of available information hence it is a "educated" gamble! Good luck to all. As @unicrumba has pointed out things are going one way or another!
    Last edited by grantaxl: 03/05/17
 
watchlist Created with Sketch. Add EGR (ASX) to my watchlist
(20min delay)
Last
11.5¢
Change
-0.005(4.17%)
Mkt cap ! $52.21M
Open High Low Value Volume
12.0¢ 13.0¢ 11.5¢ $21.53K 175.6K

Buyers (Bids)

No. Vol. Price($)
7 48994 11.5¢
 

Sellers (Offers)

Price($) Vol. No.
12.5¢ 10553 1
View Market Depth
Last trade - 16.10pm 16/07/2024 (20 minute delay) ?
EGR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.