EGA 0.00% 28.5¢ egan street resources limited

Ann: Further Positive Ore Sorting Results on Drill Core, page-8

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  1. 10,813 Posts.
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    The news on the MRE has been delayed on the back of the ore sorting. Do any of us want a MRE to come in based on a 5g/t cutoff when the ore sorting looks like allowing this to be brought down to ~1.7g/t?

    The company doesn't get to write these reports and the consultants can only incorporate results that have come back from analysis. EGA is waiting on the last of the ore sorting results so they can be fed into the MRE and the DFS.

    I don't think the SP will be below 30c for long once the MRE comes out. I am happy to wait a few weeks longer if it means we get a massive upgrade in the resource. Anyway someone is buying all the shares being let go below 30c.
 
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