EGA 0.00% 52.0¢ egan street resources limited

5% is pretty standard for gold in a country like Australia, but...

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    5% is pretty standard for gold in a country like Australia, but even changing it to 8% is not going to make much of a difference to the NPV as the mine life for the DFS is so short (it is much longer in reality).

    The offer is terrible for the EGA shareholders and can't be justified on any rational grounds.
 
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