A lot of abuse to EGR but when I see the performance of syr, nvx, mns, bkt, ev1 and many more, I feel lucky to be invested in this company. Call it, good management skills or whatever, The reality is doing nothing in the last 3 years and saving the cash has worked out. BKT and EV1 are diluting themselves day and night to survive. EGR has no such compulsion. They have enough cash to hold their ground and bargain hard. Wait and watch, the ones who tried shortcuts are failing. If you have to challenge the cheap graphite from China, then you have to produce even cheaper than that. The three companies that I follow are EV1, BKT, and EGR, all aligned to produce the cheapest graphite in the world in Tanzania. Ev1 and BKT are diluting because they are cash-starved. This leaves EGR in a very good position and bargain hard. They have got good relationship and a clear vision. You don't get every day a chance to invest in a company that has a market cap of $58 mil with almost $40 mil in cash (no. are approx) and one of the promising products in an environment where oil prices are jacked up in an era of possible recession. The way oil-producing countries are behaving, there is only one way to cut inflation, reduce oil and use electric trucks in transportation. Everything is miraculously aligned for a graphite business to explode. Not that far, just need to wait. I lost patience here and moved some cash in syr, nvx, mns and a couple of more, only to loose money 3 times faster than here. I hope not others do that. All in my opinion.
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Last
14.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $63.56M |
Open | High | Low | Value | Volume |
14.0¢ | 14.0¢ | 14.0¢ | $2.238K | 15.98K |
Buyers (Bids)
No. | Vol. | Price($) |
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3 | 96084 | 14.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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14.5¢ | 55496 | 3 |
View Market Depth
No. | Vol. | Price($) |
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3 | 96084 | 0.140 |
6 | 175778 | 0.135 |
5 | 181500 | 0.130 |
1 | 200000 | 0.125 |
2 | 202000 | 0.120 |
Price($) | Vol. | No. |
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0.145 | 55496 | 3 |
0.150 | 136926 | 5 |
0.155 | 51152 | 4 |
0.160 | 285903 | 11 |
0.165 | 94195 | 3 |
Last trade - 13.45pm 14/06/2024 (20 minute delay) ? |
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Last
14.0¢ |
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Change
0.000 ( 3.45 %) |
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Open | High | Low | Volume | ||
14.0¢ | 14.0¢ | 14.0¢ | 11428 | ||
Last updated 14.20pm 14/06/2024 ? |
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