A little bit of action over the last few days. Are people waking up to the EGA story? High Grade, LOW CAPEX, AISC $1020, LOM 5.5 years (but will be higher with DFS based on recent discoveries), tight capital structure, rapid payback and 14km of highly prospective, under-explored strike. What's not to like?
This project stacks up as a stand alone operation, but would also be a tasty treat for a mid-tear producer.
EGA Price at posting:
27.0¢ Sentiment: Buy Disclosure: Held
