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52.0¢ egan street resources limited

Ann: Outstanding Results from Ore Sorting Testwork at Rothsay, page-16

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Barolobill

7,788 Posts.

189

09/01/18

21:36

Post #: 30174608
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Originally posted by Barolobill ↑

Exactly, you can put more higher grade ore through the mill. NST is right into it, and several other companies are looking into it. We will see a lot more ore sorters in the future. They cost around $1millcim told.

I can see production reaching close to 90k oz p.a with capex under $40mill. All for $20mill MC. The DFS should open peoples eyes.

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PNR have ordered one, there are lots of similarities between PNR and EGA... PNR MC = 176mill -EGA = 21mill.

EGA Price at posting: 27.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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