EGR 4.08% 9.4¢ ecograf limited

Ann: Change of Company Name and New ASX Code, page-8

  1. 7,967 Posts.
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    That is disappointing but not unexpected, a FID in H1 2020 sounded a little bit ambitious given that we haven't secured any sales agreements, yet.

    What I found most interesting is that "TanzGraphite" and "Epanko Graphite Project" only get a brief mention in the 'About EcoGraf' section and that "Tanzania" is ommitted from the announcement completely. This is a definite pivot away from Tanzania which I support 100%, BUT we need to reduce our people on the ground there down to none. Our expenditure needs to reflect where our priority is, we are not exactly flush with cash.
 
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