EGR 0.00% 10.0¢ ecograf limited

If this is correct, then your saying finance could still be up...

  1. 621 Posts.
    lightbulb Created with Sketch. 15
    If this is correct, then your saying finance could still be up to 4 months away...
    On the other hand Pavbar is saying it will come quicker than expected...
    Not keen on the discount and dilution. If not a prerequisite for funding then why raise pre-finance at a discount and offer a further discount to vwap. This is not what I was hoping to see at this stage, and while it may present an opportunity to buy lower it comes with a dilution I'd rather have avoided till we were at a higher SP i.e. 20m shares at 50c.
    Sure an increase to 60ktpa is a great optimistic outlook but I think we need finance first then grow with cashflow imo.
    Last edited by wetaline2: 16/08/16
 
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