Australian Government providing 50% finance is a great result for EcoGraf. US$35 million debt funding package for half of Kwinana's construction costs should be on very attractive terms.
Corona virus outbreak has underlined the importance of having supply chain diversification ex-China for materials with world currently 100% reliant on Chinese spherical. As Europe, in particular Germany, retools for EV manufacturing having an alternative spherical source which is both cheaper and environmentally superior will attract major OEMs insisting on 'clean' supply. Tough times for juniors debt-wise, but EGR now backed by both German and Australian Govt. bodies.
Australian Government providing 50% finance is a great result...
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14.5¢ |
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Mkt cap ! $65.83M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.0¢ | 14.5¢ | $21.26K | 142.8K |
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| No. | Vol. | Price($) |
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| 2 | 117000 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 15.0¢ | 12125 | 1 |
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| Last trade - 15.47pm 03/05/2024 (20 minute delay) ? |
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| 15.0¢ | 15.0¢ | 15.0¢ | 29350 | ||
| Last updated 12.28pm 03/05/2024 ? | |||||
| EGR (ASX) Chart |