EGA 0.00% 28.5¢ egan street resources limited

Ann: Hits Of Up To 56g/t Gold Boost Imminent Resource Update, page-13

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  1. 7,325 Posts.
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    Yes, 80,791,291 ordinary shares on issue.

    48,092,780 listed options @25c due to expire 13th March.

    11,145,000 unlited (managment performance) options 18c-25c strike.

    So if all the options are converted to ordinary shares, that's about 141mill shares, with $14.4mill cash in the bank.

    So it is possible that EGA get into production with around that number of shares, which would be a great outcome for shareholders as the cash starts rolling in.

    Screen Shot 2018-02-16 at 9.54.00 am.png
 
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Currently unlisted public company.

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