EGA 0.00% 52.0¢ egan street resources limited

Ann: Investor Presentation, page-4

  1. 2,160 Posts.
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    @CashedUpBogun you like this? it just seems still too small to get any love form the investment community. I hear chats about hte 30 M pa FCF but UG mining is a capital intensive mining method. A portion of the decline is usually capitalised. When every 1 m advance costs you $5k ... that 30M FCF will get eaten up pretty quickly. Look at Andy Well (DRM) even PNR.

    Comparing the PFS with the DFS I see a big fall in mined grade, form ~7 (without the ore sorter) to ~4.5 which becomes ~7 with the ore sorter. Have I got this right?

    The most annoying for me was this slide ... Seems one of the most logical places to drill and scratching my head why they haven't done it in the last 12 months? Adding another 100koz to the schedule would of been very material. Note none of the orange areas get stoped in another slide.

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    If only they could double in size. Where is my wand.
 
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