As a long term holder, I expect the share price to continue rising until the SML is announced. Most recent announcement indicated it would be granted in this quarter. Once announced, unless followed up quickly by funding and binding offtakes, SP will start to slowly fall until concrete positive announcements in that regard occur. Likely to be a significant amount of profit taking when SML announced. Then more so if and when funding and offtakes are announced. I would like to continue holding until we are a worldwide force in 10 years, but that I am not 100% sure of, but I am more sure than not.
All IMHO and I hold no particular expertise
EGR Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held
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