EGA 0.00% 28.5¢ egan street resources limited

Compelling Value, page-20

  1. 7,325 Posts.
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    Always interesting to look at the bigger picture for the AUD POG, the below is monthly chart:

    At $1700 per oz, EGA would be very profitable and have an NPV closer to $74million.  For each $50 move in POG, NPV rises 12%.

    That's before you factor in any added value from additional drilling success.  

    I think Rothsay is going to be a great little mine, small scale, but highly profitable and long-lived with good leverage to the price of gold and exploration success.  

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Currently unlisted public company.

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