EIO 3.57% 29.0¢ energio limited

nigeria - not rated fraser institute report, page-10

  1. 3,413 Posts.
    So why then isn't the share price at or above 0.20 cents as predicted (hoped) by a number of holders after the recent announements?

    Why are the company announcements lacking in real detail, is it deliberate or could it be explained by inexperience?
    Given the experience of the board it's unlikely to be the latter one would think?

    Are the company highlighting the end game before all the 1%ers are completed? Seems like a classic smoke & mirrors play to me and others it seems given the SP.

    Comparing the work put in by SDL and others to EIO is simply proposterous! SDL have done the hard yards required to bring a project from formative exploration to study stage and it certainly wasn't done overnight.

    It's been done in pretty quick time by SDL given that it can take as along as 10 years for this process to be completed. They're not over the line but you know what I'll bet money they at least get there!

    Just trying to add some objectivity to the argument!

    WC8
 
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