EGA 0.00% 28.5¢ egan street resources limited

So five catalysts for SP rise: 1. Metallurgical test work...

  1. 7,325 Posts.
    lightbulb Created with Sketch. 120
    So five catalysts for SP rise:

    1. Metallurgical test work results (work commenced 26th April, so an update should be due soon-ish)
    2. Ongoing drilling results (some results due next months and ongoing as drilling ramping up)
    3. Definitive Feasibility Study release (due Q3 2017)
    4. Funding (late 2017)
    5. Decision to mine (late 2017)

    Of the above, i really think it's going to be 2 and 3 that do it. What we have is an existing business case to support developing a stand-alone mining project (PFS level $58mill NPV) and 12km of highly prospective strike to explore... "all shears have the potential to host further underground resources" as Mr Tonkin says.
 
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.