EGA 0.00% 28.5¢ egan street resources limited

EGA price targets - $0.87 to $1.64 (18-30 months), page-15

  1. 3,387 Posts.
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    Increased my holding today. Strong fundamentals for a 4+ bagger.

    Surely the clock is ticking down on approvals and finance.

    In the target production update they indicated first gold is scheduled for Q1 2020. That update was only last week.

    https://www.asx.com.au/asxpdf/20190212/pdf/442k4rbzs5hrzv.pdf

    See timeline from same announcement. Commencement of on-site activities is planned for beginning of Q2. That will mean final approvals and finance will need to be resolved within the next 6-8 weeks.

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