EFE 12.5% 0.4¢ eastern resources limited

Ann: Options exercised by YaHua, page-27

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  1. 1,133 Posts.
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    Unfortunately over the past 3-4 months there has been an incredible amount of dubious activity from the managment team with very conflicting and misleading statements, hence the lack of transparency from the company.
    it's very difficult to get a read on what's next for us. the phase two visuals from the last update didn't look like we would be getting anything too impressive regarding thick meterages of spodumene, if any..
    only thing that doesn't have me selling is the money in the bank we have to further fund a few drilling campaigns with multiple tenements but at the crawl pace these guys work at it looks like another slow year as there's been no update on when the drill is booked in for unless iv missed it?
    I think the only way we get short term momentum back is to acquire an existing project which is maybe why Marks moved to director with previous experience of active mine development
    Last edited by Hutchym8: 18/01/23
 
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