EGR 0.00% 16.0¢ ecograf limited

I am placing my bet on EGR due to:FYI needed funding ~ AU$285MIL...

  1. 5,236 Posts.
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    I am placing my bet on EGR due to:

    FYI needed funding ~ AU$285MIL (unless Alcoa will put up a big cheque which is very unlikely)
    FYI DFS not independently verified and unclear at this stage if the potential finaciers will request one.

    FYI is a good stock from what I can see but the Finance Scenario is always a very risky period for any spec stock and their investors
    and the usualy very long time periods required, especially for that sort of CAPEX$$...EGR has done all the work and spend the time and importantly (for me) they are progressing not just on one front but on 3 seperate businesses.
    I might be wrong on the above as I don't follow their progress closely and have it in my notes to have a propper look once finance is sorted.

    Let's see how it plays out.

    All IMO
 
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