"Seriously, we need some fire power." ... Andrew has secured another year of huge salary and bonus. Due "fire power" is a rare good for EGR, due insufficient action and success, management has to save fire power wisely for the next AGM. So in between share holders should be satisfied with some fluffy anns. of new LOIs, MOUs, non binding, worthless but expensive studies and some recycled presentations.
According the frod, EGR managment will "sleep like a baby" and enjoy according the Dire Straits song "money for nothing and chicks for free". As long as management is not voted down in the AGR nothing will happen and we are also "on the cusp" for another year and more to come.
EGR Price at posting:
15.5¢ Sentiment: Hold Disclosure: Held
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