EGA 0.00% 28.5¢ egan street resources limited

ASX's most undervalued Gold Stock, page-77

  1. 7,325 Posts.
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    This is a little rushed, the DFS estimates are my own, the Scoping and PFS are from EGA releases:

    What i'm saying is that Rothsay is likely to produce between 50k oz - 80k oz over 5 years, for a total of 356 k oz mined at an AISC @$1000. That gives the project a NPV (8%) around $120mill (at $1650 gold). LOM extensions are highly likely, with so much strike unexplored, and plenty of scope to continue at depth.

    Capex is likely to be around $35-40mill, with a rapid payback period.

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