On the financing front, i did come across this in the scoping document. If all options are converted, that would be a fair chunk of the financing done. They could then borrow about $15mill and not have to issue any more shares. Ideally, they get into production and can fund aggressive exploration from cash flow. Double ideally, they then stumble upon another major deposit close to existing plant and infrastructure.
Would need to SP to be above 25c by march 2018 for that to work obviously.
EGA Price at posting:
25.0¢ Sentiment: Hold Disclosure: Held