EGA 0.00% 28.5¢ egan street resources limited

Ann: Quarterly Reports - September 2018, page-26

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  1. 278 Posts.
    lightbulb Created with Sketch. 73
    Just to chime in here - I don't really understand your comment around

    "Unfortunately this seems to be another asx listed lifestyle company for director's, half price share price in 6 month's surely that's telling you something"


    It is clear that management has full intention to proceed ahead with the mine...when compared to other mining companies EGA has made strong progress. Management has even been conservative within their DFS by basing it off a much lower reserve than indicated.


    The only problem I see here is that there is not enough reserve to warrant a lot of market interest.


    Cheers.

 
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Currently unlisted public company.

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