I tell you what Bondaus, it is extremely hard to get a loan for a graphite project. WKT management did a great job getting a loan and building a mine. The GOT screwed it up in the most critical time of the ramp up. Taking weeks to sample the ore for export and the shipping was delayed for weeks. WKT would have had enough cash flow to service the loan as they were paid 80 percent of the value once on the ship. WKT only had a small loan in comparison to what EGR will need. Maybe your management will be smart and buy the WKT mine when sold. By then the stupid GOT might have their shit together and support the industry and jobs.
EGR Price at posting:
8.0¢ Sentiment: None Disclosure: Not Held
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