Yes you would think all these things would be positive on the SP, but this is EGA the invisible we are talking about and past results have had little impact on the SP. Ultimately when EGA is mining it will all be meaningless.
The maiden ore estimate is just an update based on how much of the resource can be viably mined and that is linked to the details in the DFS. I don't expect a major change on this given how recent the last MRE update was, but who know we might be surprised. The DFS and funding are the big news items coming this year.
EGA Price at posting:
24.5¢ Sentiment: Buy Disclosure: Held