Ann: Rothsay DFS Confirms Low Capex High Margin Operation, page-31

Yes you are right on the time line, but this is about 16 months and probably pretty conservative. The timeline will depend a lot on the time to get funding.

I don't think this will have any influence on EGA's ability to raise the money needed to build. Any funder looking at this DFS is going to see the 1.5 year payback period and be very comfortable. The only issue is how much will they lend - my guess is $30 million should be easy leaving a bit under $10 million to raise in a CR. I hope EGA does a rights issue and the existing shareholders get to fund the mine and not see it go on the cheap to some dodgy broker or insto.

We should at least get a lot of news flow over the next year and a bit looking at the timeline shown on p. 25 of the DFS.