EGA 0.00% 28.5¢ egan street resources limited

Ann: Hits up to 110g/t to Underpin a Resource Update at Rothsay, page-9

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  1. 2,454 Posts.
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    Marketing needs to be stronger if we're going to have a better year in 2018. Gold price in AUD terms is just fine. Grades here are the highest in the country. Management are doers, with a proven track record. This ticks all the boxes. But no one knows about it! Where's the PR?

    The register is tight. This should be at 60-70c MINIMUM. Today.

    Management need to reflect on the year past and assess their communication (announcements, media, brokers/roadshows etc) so they can improve in 2018. There's no use in blaming gold being in a 'funk' or other market forces. These things are broad market issues in general and yet they haven't stopped other gold stories with fewer ticked boxes from running very hard.

    Not having a go here. Just saying it as it is. Where there is room for improvement, I will call it.

    I have a swag of shares and even more options, and if the communication to shareholders, investors and the market in general does not improve, we will likely be taking a hit on the options. I'm sure management & fellow members would rather see the options converted and money put in the bank. So to this end I hope they do a better job in 2018 at communicating. Get on the roof tops. You have a beautiful thing. Tell the country about it until more investors are jumping into Egan shares than anything else, including Bitcoin!
 
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Currently unlisted public company.

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