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52.0¢ egan street resources limited

Agree 100% with this. There is a reason EGA is so tightly held.

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Davisite

18,841 Posts.

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30/08/17

19:44

Post #: 26876724
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Originally posted by Barolobill ↑

I think one of the best things about EGA is the low CAPEX requirement. Get the mill up and running for $30mill with minimal dilution and then drill the crap out of the shears using free cash flow.

I'm looking into the next wave of producers and most of the 100k+ oz hopefuls are looking at CAPEX north of $100mill due to low grades.

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Agree 100% with this. There is a reason EGA is so tightly held.

EGA Price at posting: 29.0¢ Sentiment: Buy Disclosure: Held
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