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8.1¢ ecograf limited

sounds more like no one believes in the KNL story other than the...

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hicbart

700 Posts.

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01/05/17

21:57

Post #: 24394896
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Originally posted by spid81 ↑

Hi Sirrobbo,

Maybe you should check out TLG,
they have been looking at graphite since 2012, So far they have only achieved two trial mining operations,
Yet to gain environmental approvals, Mine Approval, currently they are updating there scoping study, No off takes, No finance, no BFS.
IMO they have massive issues with the limited nature of there ore so they are looking at doing underground mining for Graphite, Sounds expensive.
all of this for a MC of over 150mil, Sounds similar to another Tanzania company with a MC of 324 mi built on hopes and dreams.

KNL on the other hand.

We have almost all the approvals required, 100% off take, A larger resource than MNS at a much better grade, All we are waiting for is the updated BFS, sign off of the RAP and finance to be approved.
We even got the local government to build us a bridge.
All of this for a MC of 39mil. sounds cheap to me for a project that has very limited risk.

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sounds more like no one believes in the KNL story other than the few holders who post on there holding out hope.

Now at only a tick away from it's 12 month low.

KNL Price at posting: 15.5¢ Sentiment: Sell Disclosure: Not Held
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(20min delay)
Last 8.1¢		Change -0.002(2.41%)		Mkt cap ! $36.78M

Open	High	Low	Value	Volume
8.1¢	8.1¢	8.1¢	$20.00K	247.0K

Buyers (Bids)

No.	Vol.	Price($)
1	653	8.0¢

Sellers (Offers)

Price($)	Vol.	No.
8.1¢	150000	1

View Market Depth

No.	Vol.	Price($)
1	653	0.080
2	141118	0.079
1	10000	0.078
3	45487	0.077
4	53723	0.076

Price($)	Vol.	No.
0.081	150000	1
0.082	51599	2
0.085	389459	2
0.088	42000	1
0.089	9000	1

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EGR (ASX) Chart