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52.0¢ egan street resources limited

Last we heard, SLR has a shade over 30% holding in EGA. We do...

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jogo

3,605 Posts.

1067

11/10/19

12:10

Post #: 40834560
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Originally posted by Aotea: ↑

I have no real motive Mozzy, obviously I want SLR to do well, and I am comfortable they will do just fine whether we get EGA's tenements or not (sold out of EAR and bought Goldroad mostly and some SLR). The guts is, SLR wont make it easy for EGA to transport to our mill.

I feel for ya, its a genuine kick in the balls being predated. Its life when you are a small fish and to be fair, dont be surprised if SLR get a takeover in the next twelve months. Neither of us are immune.

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Last we heard, SLR has a shade over 30% holding in EGA. We do not need to be predated but can keep our EGA holding with SLR as a significant holder. I am happy for SLR to join and help get the mine and processing running and I do not mind sharing the gain with them on the basis of their holding.

EGA Price at posting: 30.0¢ Sentiment: Hold Disclosure: Held
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