EGR 3.33% 14.5¢ ecograf limited

I know I sound conspiratorial, but there are far too many...

  1. 2,398 Posts.
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    I know I sound conspiratorial, but there are far too many precedents to not be cautious or at least curious.

    If Company A engages Company B, on a fee for service basis, and a director of Company A also owns, manages, leads or has any connection in any way to Company B full disclosure of that arrangement is warranted.

    To be clear I believe I have a rather decent holding in EGR and as such am very keen to see the company succeed to the point of Unicrumba’s $2/share forecast and more.

    As we all know there has been very little tangible progress, at least progress that is visible to retail shareholders and human nature is to be sceptical of the board members in these times. Considering half of the board members are no-names and generally MIA yet annually reward themselves with hundreds of thousands of low strike performance rights.

    The SML application was lodged by 31 July 2023 and page 4 of the Quarterly tells us it is expected to be granted in early 2024 and covers an 87% increase in the strike length of the graphite unit, compared to the existing granted Mining Licence.

    What the quarterly doesn’t tell us is how much has been spent on consultants including Azurite Management and how that company was engaged.

 
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14.5¢
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Mkt cap ! $65.83M
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15.0¢ 15.0¢ 14.0¢ $51.74K 361.8K

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1 95500 14.5¢
 

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15.0¢ 20689 1
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Last trade - 15.49pm 28/05/2024 (20 minute delay) ?
Last
14.5¢
  Change
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14.5¢ 14.5¢ 14.5¢ 59082
Last updated 12.43pm 28/05/2024 ?
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