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5.41% 3.5¢ evion group nl

mining tailings versus orebodies, page-5

  1. plough
    23,765 Posts.
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    21/10/10
    08:44
    Post #: 7360743
    My understanding of the last ASX announcement was financing was going ahead despite the 6% shareholder mind you I guess untill we see a draw down on a loan from Mac bank by EVG there is still uncertainty.

    The NPV of over $100M (my workings) for me make the risk reward worth current sp and more. The bigger picture of China raising interest rates also adds some uncertainty re POG.
    EVG Price at posting: 8.1¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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