EGA 0.00% 28.5¢ egan street resources limited

ASX's most undervalued Gold Stock, page-76

  1. 7,325 Posts.
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    As mentioned:

    Aggressive resource expansion drilling - Now - May + ongoing
    Definitive Feasibility Study - April
    Financing - March - June
    Begin construction - July - Aug
    First Gold Q1 2019...

    There is currently 200k oz in the mining plan, this will likely be 300 oz + by DFS, with production up to 80k o.z p.a and AISC below $1000 oz.

    LOM will be around 4-5 years, but highly likely they will find lots more gold at Rothsay to replace depleted ounces. This is both at depth and along the other ultramafic shears.

    This will be a highly profitable mine for many years IMO.

    DYOR
 
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Currently unlisted public company.

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