EGA 0.00% 28.5¢ egan street resources limited

By my calculations they have been drilling for about6/7 weeks...

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  1. 7,325 Posts.
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    By my calculations they have been drilling for about6/7 weeks now, my bet is we see some results and the MRE upgrade just before the RRS conferences (5-7th December).

    Then I'm hoping we see regular exploration updates every 4/5 weeks until DFS is delivered in April.

    EGA continues to fly under the radar, with some of the lowest Hotcopper engagement of all the goldies i follow.

    A quick look at the PFS sensitivities. At $1700, NPV is $74mill, IRR 70%. And this if before the two MRE upgrades we are expecting before the DFS. The first of which we should see in about 3 weeks.

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