Ann: Quarterly Activities and Cashflow Report, page-75

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Rossi70

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08/08/20

20:23

Post #: 46401421
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Originally posted by spid81: ↑

Hi Pepper,

I couldn't agree with you more,

If EGR is unlikely to get funding for Epanko or EcoGraf Kwinana, they should follow WKT in the hunt for gold, My advice would be to find a project outside of Tanzania. If the Government cannot sign off on a funding package that has been co-developed with their assistance, you would have to be stupid to start a new exploration project.

According to the companies QTR report, I get the impression we won't need to find a gold project, the lease is soon to be signed for Kwinana and the Engineering, Procurement and Construction EPC contract with GR Engineering is soon to be signed. EGR also hinted that they would announce further offtakes with existing customers, i.e BASF.

Do you think KFW would be a likely funding partner for the remaining 50% for Kwinana ? we already have Thyssenkrupp keen to take 50% of our planned production

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Hi Spid81,

I happen to come across these article's.

First 1 (April 3, 2019).

Second (February 28, 2019).

Third (September 27, 2017).

I personal feel sorry for all the Mum's and Dad's Investor's who Invested their hard earn dollar's in this company.

Who ever had decided to vote in favour of a name change, from K.N.L. to what it is today Ecograf.

Believed in management, thinking, by changing it name it would receive funding.

Well at least you have the UP Ramper's on E.G.R. forum, telling you guy's / gal's that funding is around the corner.
Five year's in my opinion is a very loooooong time to wait.

IMHO.

Regards

Rossi70

EGR Price at posting: 6.7¢ Sentiment: Sell Disclosure: Not Held
7 Upvote

0 Great analysis

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