Rene for sure EGR was in a better situation direct after the CR when SP hit 1 AUD. At that time EGR had plans to built and start Kwinana. Unfortunately management slept and forgot to sign a binding deal for supply of Kwinana with raw material. When they recognized that no supply (out of their thousand tested and qualified sources) is available at a competitive price to earn money with the Kinana plant, they dropped it and went back to Epanko. So the U-turn of management is not an intelligent move but a forced decision.
Therefore vote no to any pay rise or any kind of renumeration and/or performance bounses,
First earn buck before you spend it !!!!
EGR Price at posting:
20.5¢ Sentiment: Hold Disclosure: Held
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