EGR 4.76% 11.0¢ ecograf limited

New Tenements in Merelani/Arusha in Q2 2017, page-43

  1. 5,245 Posts.
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    I wouldn't worry about anything else then Epabko and the SGPlant...which due to the delay in getting Epanko started, will now happen pretty much simultaneously IMO. We have plenty of potential resource upgrade drilling that can be done at Epanko if needed, Merelani is nice to have but neither I nor the market is putting any value on it ATM.
    Any decent volume here will only happen if we get positive announcements on 3-4 company making announcements, and if they come through hen some selling is obviously going to happen but there will be more than enough new buyers waiting, as those announcements will mean we are building a mine and have received finance., and not doing some more exploration drilling and testing etc...
 
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