The value of ego just went up $600k in my accounts and the value of the $1m extra funding and loan extension gives plenty of time to get the plant up and EGO to shift into a positive cash flow situation.
It delays any need for official borrowing or re-finance until circumstances have materially changed along with cash for the better.
That has materially altered EGO's shareholders future outlook rather positively.
DYOR+DYODD
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