EGR 3.13% 15.5¢ ecograf limited

Perhaps a re-reading of your announcement is required without...

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    Perhaps a re-reading of your announcement is required without the blinkers to the key words.
    Skim reading announcements can be harmful.

    EGR was reviewed and the EFA will consider EGR for a potential loan.

    Commercial and Technical Due Diligence yet to be undertaken and still subject to completing a detailed assessment of the project.

    In essence EGR was vetted to be applicable to the EFA mandate to get a foot in the door to be able to begin a very long loan application process.

    RNU also announced their EFA on the same day as EGR.

    snip - EGR Export Finance Aus - RED.png



    From the RNU announcement on the same day as EGR
    https://www.asx.com.au/asxpdf/20200303/pdf/44fprgjchywxk2.pdf


    snip - RNU ann Letter of Support EFA - RED.png
 
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