EGR 0.00% 14.5¢ ecograf limited

That was my read also @Stirer. If one was to take the tone of...

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    That was my read also @Stirer. If one was to take the tone of recent announcements seriously (hard to do these days), things at EGR are expected to get very busy very soon. Regarding perceived distraction by potential financiers - so EGR has demerged the nickel assets, but BOD will now be even busier in overseeing the work up...

    It would make more sense if EGR were still Kibaran and solely focussed on Tanzanian graphite exploration/mining (as opposed to the advertised diversified global anode materials company). Of course a managing director or exploration manager will come on board to take care of the day to day. Just not a great look for a freshly listed nickel explorer to be mothered by Spinks and Pett - these greenfields explorers are always a long shot and typically require a heap of time/dedication/passion to come anywhere close to success. Maybe they plan to stand aside once things are up and running....
    Last edited by Balduran: 22/03/23
 
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