G'day hbg55No question EGZ mangement is not standing still. They...

G'day hbg55

No question EGZ mangement is not standing still. They have achieved more in 12 months than MGY has in 5 years!

The new Technical Director (MGY) has been with the company some 6 months or so, but his recent announcements to the ASX suggest to me that he has not bothered to go back and read the last 10 QRs/Updates. For my sixpence. the 26 Aug "Discovery of Potential Field of High Grade Graphite" was a regurgitation of known information and hence the drop in the SP.

With a CR imminent, shareholders want to know how, or as a minimum the options being considered, the required funds will be raised.

Hopefully, the new MD will have business acumen as his main qualification with 'energy' a close second.

PLease DYOR as this company causes me a touch of heart burn!!!

Cheers

R1