EGR 6.90% 13.5¢ ecograf limited

Ann: EGR Successfully Completes A$54.6m Institutional Placement, page-315

  1. 5,241 Posts.
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    ...I think there is short term reward to be had, a correction over the next 12-18 months putting Ecograf towards the 1b mc or $2 realm & holding that base...

    I am still betting on that we will breach $2 before the end of he year...OEM's and Gov have substantially increased their spending towards electrification this year alone, GM just another one of many:
    https://hotcopper.com.au/data/attachments/3286/3286516-73bff64ea8a5a5fc9772e8d22d215d9f.jpg


    this kind of spending upgrades within a short 12 month time period are now common practice around the world and shows beautifully the underestimation of the 'Experts' when exponential growth during a new disruptive technology comes into play, the same mistakes of underestimating the speed of change is made every single time...GM alone, a 75% increase within 15months

    That represents a 75% increase since March, 2020. At that time, GM had said it would spend $20 billion on electric vehicles in that timeframe -- an amount that was later increased to $27 billion, and has now been increased again.
    So now we have significant $$ commitments to build LiBattery plants and bring many dozens of new EV models to the showrooms and 'potential here alone is still underestimated IMO' significant LiBattery storage installations around the globe, however, the investment and offtake agreement's for the significant amounts of battery raw materials needed are still lagging behind...some strong activity to fix this will occur over the next 6 months IMO and EGR is in a very good position to capitalize.

    https://hotcopper.com.au/data/attachments/3286/3286573-f44291d5ae16d34723bd29ae53c8b0c4.jpg

 
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