EGA 0.00% 28.5¢ egan street resources limited

Well not a jump, but not really a dump either which is not...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 10,813 Posts.
    lightbulb Created with Sketch. 863
    Well not a jump, but not really a dump either which is not surprising. I want to do a longer analysis of the DFS, but it pretty much is as the PFS after taking into account all the swings and roundabouts. On this basis it is very undervalued considering all the resource upside - Rothsay is not going to be a 6.5 year life mine.

    Everyone wanting to know the true value of EGA should take a look at the Taylor Collison report put out in March. Based on the PFS they had a target price of 62c and I see no reason based on the DFS that this is wrong.
 
watchlist Created with Sketch. Add EGA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.