EGA 0.00% 28.5¢ egan street resources limited

I suspect a small CR (hopefully a rights issue) will be...

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  1. 10,813 Posts.
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    I suspect a small CR (hopefully a rights issue) will be required, but we should not forget that a reasonable chunk of the spending going on at the moment is really capex spending. I also don't see them needing anywhere near $15 million to get to cashflow positive - Rothsay is a small, high grade mine not some monster like Gruyere out in the desert.

    I am more worried about a drift in the timelines while we wait for the key approvals. I will be a lot happier once EGA has these.
 
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