I can't see it going under 18c unless the bottom falls out of gold or the A$ goes through the roof. Having said this I said the same at 25c and 20c. There certainly is no news driving down the price.
Yes the mine plan looks sensible and provided the whole process is managed well it is hard to see anything major going wrong - it is not a complex or large mine. At this stage the biggest unknown is the condition of the old mine drives and how hard it is going to be to rejuvenate them, but it doesn't look like a massive job. Just as long as we don't have a KIN or GCY type board fight then all should be good and just a matter of being patient.
EGA Price at posting:
19.5¢ Sentiment: Buy Disclosure: Held