EGR 3.57% 14.5¢ ecograf limited

Ann: Completion of Share Placement, page-10

  1. 1,684 Posts.
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    Hi Names
    Yes ...but no... I didn't jump back in....still waiting for some tangible evidence of finance for Epanko and with matters still unresolved in Tanzania albeit showing some signs of resolution, it may still be some months before all the pieces line up to KfWs satisfaction....and we all know that Tanz months can stretch out to a long wait. EcoGraf too, despite still looking promising, looks like something to potentially consider and value in next year as progress on all other locations other than Aus seems to have ground to a halt. So investment wise....I will wait until KfW funding for Epanko is confirmed....in writing...with German government backing .....and in the ensuing months put my coin elsewhere.

    As for Conidi...I don't think he adds a single thing to the Board. Have felt and said this for a long time. Don't think i am alone there. Feel free to correct me if you think i'm wrong. 333D.com.au is his other focus and that isn't exactly doing much. I really don't see how Conidi adding 50k to the raise says anything positive. Him buying shares doesn't suddenly make him a worthy member of the Board. Frey on the other hand buying 50k worth certainly would have got my attention.

    Anyway hopefully they can spend some of the new coin on upgrading the website to include Ecograf at last

    All the best

    564xxl







 
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