EGA 0.00% 28.5¢ egan street resources limited

Ann: Rothsay DFS Confirms Low Capex High Margin Operation, page-18

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  1. 10,813 Posts.
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    Well not a jump, but not really a dump either which is not surprising. I want to do a longer analysis of the DFS, but it pretty much is as the PFS after taking into account all the swings and roundabouts. On this basis it is very undervalued considering all the resource upside - Rothsay is not going to be a 6.5 year life mine.

    Everyone wanting to know the true value of EGA should take a look at the Taylor Collison report put out in March. Based on the PFS they had a target price of 62c and I see no reason based on the DFS that this is wrong.
 
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