EGR 8.00% 11.5¢ ecograf limited

Village Square Meeting, page-107

  1. 4,867 Posts.
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    @Wilma85 agreed. I don't begrudge someone hoping the SP will go up. Progress is typically slow in Tanzania anyway. Long delays are expected.

    The project progress has been outstanding, no doubt in my mind about that! But it inst reflected like one would think it should in the SP. I was in KNL from when it was a fledgling graphite play in 2011/12 to last quarter 2016. After having such great milestones achieved, I would of thought the SP would be in the 60's by now, not sub 20's and certainly not sub the last high roller CR! Figure that out

    The thing that drove me to sell out after holding and accumulating/trading for few years was even with these fantastic announcements there has been no real appreciation in the value of share price. That what bugged me. Look at other graphite companies (the ones progressing - not the hopefuls) and you can see share price appreciation. KNL SP just goes backwards every time! Bloody annoying

    I'm in the market to re-enter and buy another large parcel but I don't trust the SP will be here when I do. Much lower is my opinion. If I'm wrong then so be it. Many people sitting on a loss now in the company and it could get worse when KNL have to raise the equity component of their mine finance.

    Many hundreds of percent - I just don't think so.
 
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