....Judging from the markets response this morning to this price sensitive announcement, not too many are putting down their hard earned based on this announcement...
You have to look at the big picture and act accordingly...another way to look at it is like a sports team's pre-season preparation === the quality of the pre-season preparation will dictate how well the team will perform when the season starts, all the announcements we had in 2023 are part of the pre-season preparations, us as retail investors can only influence our own decision and decide which team we think is doing the best pre-season prep...big money and big excitement will come once the season starts, which in our case will be:
* Commissioning of Pilot Plant
* Patent outcome for AUS vs RNU Objection
* Financing and FID for Epanko
* Announcement of location for Mechanical Shaping Facility in Tanz
* Announcement of the first EcoGraf Purification Plant location
* Announcement of New Mineral Resource Upgrade
are amongst some of the big events to look forward to during the main season...the unknowns for me at the moment are:
* How and when Russia war will end * How and when Hamas/ Israel war will end * How and when ROW OEM's and Gov will finance companies such as EGR in a bid to avoid becoming obsolete in the renewable economy race
depending on how the last 3 points work out === will dictate how fast my $2 target will be reached and more importantly how many more $ it will go from there..
EGR Price at posting:
15.3¢ Sentiment: Buy Disclosure: Held
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