EGR 2.22% 9.2¢ ecograf limited

Ann: Quarterly Activities and Cashflow Report, page-11

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  1. 626 Posts.
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    Thank you for your thoughts ‘boon time’. Nice to see a SH of another graphite company being genuinely concerned, good neighbourly spirit.
    However most of us here are following protocol and keeping a good distance away from your particular company, hope you don’t mind.
    Just to allay any of your concerns this paragraph from the quarterly indicates that management have everything under control.
    The Company has entered into an unsecured, interest free funding facility of $300,000 with related entities of directors and in addition, are well advanced with further funding arrangements to ensure the Company maintains sufficient working capital to advance its various business programs.
    As at the date of this report, the $300,000 funding facility remains undrawn.
 
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