EGA 0.00% 52.0¢ egan street resources limited

I went through this sort of games when RMS bid on EXU. All the...

  1. 18,857 Posts.
    lightbulb Created with Sketch. 5547
    I went through this sort of games when RMS bid on EXU. All the RMS shareholders came to the EXU threads and told us what a great deal it was for us, we wouldn't get any more, blah, blah blah. In the end the EXU shareholders said no and RMS came back with a higher offer.

    The sad thing is RMS offer from the start was semi-reasonable given the gold price at the time and the large capex required to build a plant. SLR is valuing EGA like the gold price is $1650 and they will have to build a plant at Rothsay.
    Last edited by Davisite: 23/09/19
 
watchlist Created with Sketch. Add EGA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.