EGR 6.38% 11.0¢ ecograf limited

initially i was shocked.. and took me 5 minutes to register....

  1. 44 Posts.
    initially i was shocked.. and took me 5 minutes to register. Price prior to being open to market went from 30c to 20c..
    i re-read the announcement.. and came to the same conclusion as both of you. by then the price sat at 17c..
    too much of a hit to secure such a loss.
    the only thing i dont agree with is how the company conducted the whole process.. something smells fishy

    i also dont understand why, according to figure 2 of the announcement today, the drill holes appear on the extremities of the assumed ore bodies/schist? excuse my ignorance but i would presume drill holes through the guts, or even gridded to determine extent?
 
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