EGR 7.14% 15.0¢ ecograf limited

“Wow....20.5c Wow...no updates on Tanzania No updates on...

  1. 106 Posts.
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    “Wow....20.5c Wow...no updates on Tanzania No updates on Whatever...”

    Hi 564xxl,
    I would forget about recycling, it’s years away in any real commercial capacity that would make a difference to our SP.
    I would forget about all the fringe products they have been working on because without an operating BAM facility they are just existing on a piece of paper.
    I would even not focus on the patents both international and in Australia as without a BAM facility it really doesn’t change the dial that much.
    Waiting until the next AGM to remove anybody is a waste of time. If they have not got Epanko tied up and a BAM partnership by then I suggest we are probably finished having missed the boat of the graphite interest.
    So it really comes down to having official Tanz Gvt approval for Epanko (expected “Imminently”) and then secure the funding for the project. After that you would hope that a BAM partnership will materialise fairly quickly. The next quarter or two are crucial and that’s what I am focused on and confident of.
    I may end up with egg on my face and I will wear that if it happens and move on from EGR if no progress in next six months. I do think we will have a clearer idea of progress soon though.
    jmho
 
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