FEED STUDY - THOUGHTSMy view;
Over the past 4 years, ENZR management have promised: 1.They are getting mining permitting - very soon; 2. They are getting and offtake partner - very soon; 3. Implied that they are in some way indirectly supported by the government, WB, EU or other 'heavy players'.
What have they actually accomplished? 1. None of the above (I assume '3' is exaggerated because '1' hasn't happened); 2. Expanded payroll (OK - limited rollback in last 12 months); 3. Dilution of existing SH (lots & lots & lots of that).
Now they seem to be saying "Trust us - this time it will be different". Everyone has to decide for themselves if this is a credible promise - or not. WB