EGA 0.00% 28.5¢ egan street resources limited

DFS guessing game, page-18

  1. 10,813 Posts.
    lightbulb Created with Sketch. 863
    Hard to know. If you are buying EGA you should expect to hold to until production (sometime in 2019). We have pretty much been telegraphed the DRF numbers between the recent resource upgrade and the RRS talk and they will be good. There will be minimum dilution getting to production and there is still a massive upside with all the Rothsay ground to be drilled.

    I bought into EGA not for the hype (of which there is none), but because I believed that EGA were serious about mining and serious about doing so in a way that looks after the shareholders.

    The good thing is the SP doesn't affect the ability of EGA to mine. They have most of the cash needed already. If you are a long term investor then all you have to worry about is how your broking account looks - mine looks pretty red right now, but since I am still buying EGA it doesn't really matter.
 
watchlist Created with Sketch. Add EGA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.