EHR 0.00% 0.3¢ earth heat resources ltd

release of escrowed shares, page-3

  1. 2,466 Posts.
    lightbulb Created with Sketch. 281
    biache ... I agree that the release of these shares could be a sign that EHR is a stable company and that the cornerstone investors are in for the long haul. In that respect, the decision not to extend the escrow period could be seen as a vote of confidence by the board.

    The directors have certainly demonstrated their ability and commitment to the task of turning key resources into revenue and it is unlikely, in my view, that they will be selling their holdings anytime before the Copahue project is operational (unless they need to free up cash to exercise options).
 
watchlist Created with Sketch. Add EHR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.