EGA 0.00% 28.5¢ egan street resources limited

Have to agree, these guys have a very good chance at getting...

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  1. 7,325 Posts.
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    Have to agree, these guys have a very good chance at getting into production and ramping up to 100koz p.a with a tight capital structure My simple maths being 100 x 1500 = $150mill MC.

    As for new highs over coming weeks. Maybe, I think the real re-rating will come with the DFS and financing. Also need to get through the option expiry period. Will be good when the only way to get exposure is through the ordinary shares.

    I'm happy to hold long term and buy on any weakness.
 
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