Begs the question why the market has not been informed why a project years in the making was suddenly abandoned.
Some, like yourself, seem to have some sort of insight, while others don't.
The question is whether the board is derelict in its duty to fully inform the market of the direction of the company and explain any reasons for a change of direction.
My recollection at the time was the board completely disregarded and disrespected shareholders refusing to respond to questions about the change.
That is surely against its obligations as a company director.
Personally I have been reluctant to date but now would like to see a major shake up of the board.
For the past 5 years we have been reading from the company how the demand for G will hit top gear in 2024/2025. Well guess what, here we are approaching the end of 2023 and an operating mine is how far away - is 3 years optimistic (2026/2027)
As the world continues full steam ahead on its path to batteries EGR looks to be that company that can't get a Ronny in a brothel.
EGR Price at posting:
12.0¢ Sentiment: Hold Disclosure: Held
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