Truly shows confidence in the company, so different to management of other companies on the ASX.
You would have to expect the SP to be propelled above the option conversion on sentiment. I find it compelling that such large recent stakes by management and other option holders would lightly suffer any dilution or retreat in SP at the actions of the good management.
A significant budget for drilling, without significant pain to current shareholders.
Au and Cu. I find the potential high gold grades (I hope to see the word Bonaza in a news release one day, a dream, not backed up by any evidence) enticing in the held and optioned lease, and Cu.... I am in love with gold and Cu at the moment, natural hedges for each other.
then listing in Toronto, which will be at price most likely above the SP at the moment (just a guess, based on I would think managements SP positions and getting other option holders to convert). Expand the shareholder base and international profile.
then completion of Albion plant, all finane locked away and separate, expansion later in life, surround ore/companies processing, clone like setups clearly a possibilities in other locales.
EVG Price at posting:
14.0¢ Sentiment: Buy Disclosure: Held
