Wow - I didnt expect that and I am positively surprised. I have...

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tanUp

143 Posts.

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15/11/23

09:49

Post #: 70907322
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Originally posted by unicrumba: ↑

Hi H,

We had a long discussion with other holders over the weekend and the conclusion was a carbon copy of your points stated.

All will be/ have voted No, we don't see any significant long-term problems by doing so and are not too concerned if there will be (if any at all) short-term instability.

The reasons for our decision are like I mentioned, almost a carbon copy of your points so no need to list them again, I will add another point which was the complete mishandling of the Nickel IPO which cost us a nice sum of $$, same there, feedback was not taken onboard and they decided to proceed.

The possibility of negative short-term effects of a No vote was discussed at length, conclusion = EPANKO is significantly advanced, US patent is granted,
$$ in the bank, ROW will build up their own supply chains Ex China, EGR is very well positioned.

Unlike some, we are happy with what has been achieved and are aware that most of the delays are outside of management's reach, but trying to issue very low-hanging performance shares, after being told for so long now, has just gone too far.

The board has time to reconsider.

All IMO

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Wow - I didnt expect that and I am positively surprised.

I have no issues saying that I am probably one of those who always disliked your (previous) posts due to - IMO - the nonsense where things are at and how they are going.

However I am also equally be ok to be the first one to admit that the last post changed my view a bit. Sharing your view here was probably not that easy and I appreciate that you outlined your points.

Thanks for doing so. I too think it's time to change the approach with management from "being nice and giving advice" to "it's time to take action to correct the course and steer it away from the iceberg.

Last edited by tanUp: 15/11/23

EGR Price at posting: 20.5¢ Sentiment: None Disclosure: Held
10 Upvote

4 Great analysis

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