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DanWebzster

05/06/18 1:59 PM

#142 RE: DanWebzster #141

EGO trades at <.25 Price to Book

Profits will be negligible until the mill at Kisladag is completed. This is projected to happen Q-3/2021 at which point production will nearly double

The issue is whether they can fund operations until then w/o a capital raise.

The most recent report clarified their cash runway EOY/2018. They project cash will equal $323mn with a $250mn revolver.

EGO will likely trade in a price range until it becomes clear whether they will have to raise capital.