Seeing this stock is drifting further and further south I would like to address what I believe is going to be a very lengthy and expensive process to achieve re-settlement at Epanko.
Mark my words and save this post for future reference but I clearly believe that re-settlement will be in excess of $10 million US Dollars. This figure could quite easily grow in the future as Management work to address this issue.
That is one hell of a hefty bill to be absorbed by shareholders moving forward if it ever occurs.
That Relocation Action Plan better be good.
Your management team are sitting on their hands and have very few contacts locally in Tanzania working towards a suitable resolution.
Just save this post my friends.
If I am right - give me credit
If I am wrong - go to town on me
Until then lets wait and see hey
Cheers
Matt
KNL - should we take the loss??
-
- There are more pages in this discussion • 225 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add EGR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
11.5¢ |
Change
-0.010(8.00%) |
Mkt cap ! $52.21M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.0¢ | 11.5¢ | $46.28K | 402.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 444600 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 9666 | 2 |
View Market Depth
| Last trade - 15.43pm 22/07/2024 (20 minute delay) ? |
| EGR (ASX) Chart |