EGR 3.13% 9.9¢ ecograf limited

Where's the finance???, page-64

  1. 5,245 Posts.
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    Everyone Sh*****g their pants re Brexit and will we get finance and will Sojitz sign.

    Everyone check why you invested in the first place (unless you're just after a trade or two), then after checking you should feel very comfortable as we are one of the lowest risk punts in the spec sector.
    KNL is the only advanced G play the has proven, after vigorous testing by numerous and named (this is very important) parties ie Governments, Major Banks, Multinational Large Companies, Reputable Engineering Co's all happy to have their names and endorsements printed in our announcements.

    We are the only advance G play that has a BFS showing great ROI with a 40ktpa mine, with a clear pathway to increase production if the need should arise which in will make our ROI even more rewarding, none of the other G Co's can say the same.


    CONFIRMED
    * Good Resource
    * Realistic Production Target
    * BFS shows robust economics
    * ThyssenKrup 20ktpa
    * European Trader 10ktpa
    * SKR Engineering completed independent report

    TO BE CONFIRMED
    * German Gov Loan Guarantee
    * German Bank $40mil loan
    * NedBank interested in financing up to $30mil
    * Sojitz done numerous testing and followed up by production scale testing.

    For all the above to be in vain something dramatic will need to happen.

    Obviously no guarantee of a Happy Ending, but if it doesn't happen it will not be due to lack of popper foreplay
 
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