EGA 0.00% 28.5¢ egan street resources limited

Ann: Notification of Expiry of Listed Options, page-2

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  1. 7,325 Posts.
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    Ok, so 18 trading days left for these babies. By mid March, we will know how may have been converted.

    Even if only 75% are converted, that's a handy $9mill in the bank.

    These options have been like a well-telegraphed CR and a massive handbrake on the SP. What a disaster of an IPO Structure in hindsight.

    So the positive catalysts for EGA are:

    Ongoing drilling results - Feb - Aug
    Removal of options overhang - March
    Resource upgrade - March/April
    Definitive Feasibility study - April/May
    Financing - May/June
    Construction starting - July
    First gold pour - March/April 2019
 
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Currently unlisted public company.

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