EGA 0.00% 28.5¢ egan street resources limited

The first would be an announcement that they have lined up...

  1. 10,813 Posts.
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    The first would be an announcement that they have lined up finance. The market is obviously expecting a small raise to help fund the mine sometime in the near future, but I am hopeful it will be a rights issue rather than a discounted CR to SIs and instos. EGA if you are listening reward your long suffering shareholders.

    After that it should just be the flow of progress news. Of course the new drilling to the south might prove to be very good, but I suspect it won't have much of an impact on the SP based on past announcements.
 
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