Hi Cazz and all EGR Shareholders...current, potential & former.
To start of with I like to share a little of my view re investor psyche and why only very few actually get rich, when compared to how many actually try their luck every single day.
Let's stick with EGR as an example as there are quiet a few here that know me for a while and I think it might interest some of the new holders/ investors lookin into EGR.
I first started getting interested into battery minerals ~6years ago. During this time I have made a small fortune but also lost a small fortune by not sticking to my pre determined principals, some of which are:
* Don't deal with a CEO who can't look you in the eyes. * Don't invest in a Spec Stock that is fully dependent on China, now I have widened that perimeter to also include all of my dividend paying portfolio.
Fortunately I was able to pick the bottom of several stocks in the past 2 years and have recovered that substantial loss.
Back to EGR, as most LongTermers here know I have been repeatedly highlighting these points:
* I have highlighted the fact that EGR is severely undervalued for what they have achieved to date. * I have entered this sector 5 years to early because I did not thing that Germany and the ROW will be so ignorant and give China such a strong head start in the Battery Energy Sector, both from a financial but also from an political/security POV. * I also underestimated the ignorance of most Governments and it's Citizens on Climate Change and the slow motion response. * I have highlighted EGR's CEO and Board conservative and diligent approach to doing business. * I have highlighted the importance of being the ONLY Spec Co in this sector that has not ONE but TWO finance ready projects. * I have highlighted the importance of being one of the very few Spec Co's that has managed to secure a 6.7ha prime industrial land with most essentials already in place or in close proximity and walking distance from an international port. * I have highlighted the importance of having patented an environmentally friendly process to process natural graphite into battery grade graphite. * I have highlighted the importance of having a Graphite deposit with very low impurities and high crystallinity, there are many Graphite deposits, not all are of high quality. * I have highlighted the importance of having Thyssenkrupp, Sojitz and a German Graphite Trader as offtake partners, waiting patiently, after they have confirmed the quality of our EPANK Deposit. * I have highlighted the importance of having KfW and the AUS Government willing to Finance large portions of TWO projects. * I have highlighted the importance of the amazing results from our 3rd business, Carbon Recycling - the only advanced process in he world!! * I have highlighted the importance of the turning tide and that this time the sector wide upswing is demand driven, the giga factories are getting built now and dozen's of new EV's are coming into showrooms as from 2021. Governments and Legacy Carmakers are finally acknowledging that they need to put all available resources into this Battery Energy and Transportation sector or become irrelevant within the next few years. * I have highlighted the importance of EGR being overlooked in the sector re rate which commenced a couple of months ago. * I have highlighted the importance of having a low number of shares on issue and our dual listing in Germany and that I am looking forward to the day when the volume on both the ASX but importantly also in Germany will gain traction, and that when that day finally arrives our re rate will be swift. * I have highlighted the importance of acknowledging that we will have 2 re-rate, one will b to catch up in MC value to our peers, some of which are significantly behind EGR in terms of Finance and Offtake partners. * I have highlighted the importance of having a Co's BFS (Bankable Feasibility Study) INDEPENDANTLY scrutinized by a 3rd party professional firm EGR has had that done upon request by our two lenders for our two separate projects, this gives an investor confidence that the figures EGR have input into their two BFS's are on the conservative side and have significant room to the upside, with most other Co's BFS's it is the exact opposite.
So, even after all that, unfortunately some LT holders sold (hopefully with some profit) as they are doubting if this is just a pump, and many of my Comrades have been left behind thinking they can trade this against the pros who are now entering the Octagon. Closing hours of trade and then the auction as a prime example, the pros checked all the clothes for any loose change before putting into the washing machine...when the capper was active on he ASX for the past couple of months it was easy to time a trade, now it's a different ballgame, especially now that we have breached the $100milMC, it might take a few days as certain funds will wait for confirmation if the new M will hold, but there will be plenty of other funds who will have EGR show up on their radar and after checking what EGR is about they will start buying decent parcels, it has already started. It will now be a race for accumulating decent number of shares without shooting the SP too high too quickly, but with more competition entering we should reach fair MC value compared to our peers fairly quickly, and if either one of our 2 finances is announced or a large player taking a stake or joint venture in our recycling, then there will be a quick separation from our peers and we will be valued very differently, and the amazing thing is that EGR has THREE separate company making projects, and an announcement on any of those 3 projects could come at any day and then the beautiful thing is there will be 2 more announcement imminent thereafter.
Any new potential investor should read al Co announcements and compare EGR's achievements with peers, I will start with a few highlights and whoever is interested can dig a bit further:
Purified Spherical Graphite Performance Comparison, on of them has a MC of $500mil, NOTE: Higher test numbers = better battery performance
Our unpurified fines have now a much higher sales value if processed in our EcoGraf Plant
In short, if you are a LT holder, don't sell yourself short now.
Time to see if the nightshift is doing some work. Imagine what will happen when (if) EGR announces: Now trading in the US.
(20min delay)
