I am sure SLR will send anyone a new letter who wants it...

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Davisite

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10/09/19

20:24

Post #: 40371480
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Originally posted by Fishinnick ↑

Theres no point throwing it in the bin yet, you might want to fill it out down the track. SLR is moving up into the 200 on 23rd Sep, the offer has been extended until 1st Nov and your not getting a fixed price you are getting 0.27 SLR shares, just because the offer equates to about 29c today doesn't mean when Nov 1st comes it will still equate to 29c. SLR moving into the 200 will likely rise the price due to 'new type' demand relating to 200 index, i often see sp's being depressed before 200 entry, might be re-positioning and tactical trading going on i'm not sure but normally after they enter i find they can do well. At the end of the day your still getting the same no matter what the SP as your getting 0.27 SLR's which means you guys will also benefit from any SP upside SLR receives from the 200 entry plus you'll own a less risky share thats making money and getting on with things without getting diluted to death.

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I am sure SLR will send anyone a new letter who wants it

So far the response from the EGA shareholders has been underwhelming in the extreme. The shareholders are not sheep who just do whatever “our” board tell us is best for us.

The more I look at SLR’s plan for Rothsay the more I like it. With SLR help and management a minority position for them working towards getting Rothsay into production and the ore toll treated at Deflector could turn out to be a great win for everyone. The key to success is making sure we have an independent board working for all shareholders.

EGA Price at posting: 28.5¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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