I agree entirely with what you have said, particularly this comment; "However if as usual with EGR there is no information follow through then the SP will get pushed back down."
It was pointed out to me yesterday by a long-term holder that a timeline for a FID on Kwinana hasn't been mentioned by the company since the Indaba Conference Presentation at the beginning of February (I have not double-checked this). He said that the omission in recent announcements of a timeframe for a FID on Kwinana coupled with the significant oversubscription of the Placement has him concerned that we are not close to a FID. My takeaway from conversations with AS are contrary to his concerns, but it's critical that we start finalising our programs if we are to retain shareholder confidence.
German Trading, page-15
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Last
12.5¢ |
Change
-0.005(3.85%) |
Mkt cap ! $56.75M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 12.5¢ | $59.18K | 461.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 18090 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 37363 | 3 |
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| Last trade - 15.30pm 21/06/2024 (20 minute delay) ? |
| EGR (ASX) Chart |