At 25c , that’s a fully diluted MC around $30mill, With $12-14mill in the bank. So EV closer to $16-$18mill or about $55 per oz. Given all the drilling going on, low capex and pathway to production in 2019. That EV seems very, very low to me.
Always darkest before dawn???
- Forums
- ASX - By Stock
- EGA
- Ann: Change in substantial holding from LSX
Ann: Change in substantial holding from LSX, page-9
Featured News
Add EGA (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online