re: Ann: EVR Delivers 324,275 Oz in 2013 and ... ITS
There is a lot positive in that announcement.
Hopefully EDV gets a lift on the TSX tonight and this gets carried over into ASX tomorrow.
$95m free cash flow is excellent if that can be achieved at a gold price of USD1250/ounce.
I would like to see ASIC reduced to USD900/ounce. Perhaps they will get close to this level by the end of 2014 once they have made the changes they have announced and they are getting more higher grade ore from the Segala mine.
It was good to see an increase in estimated production for Nzema which offsets the declining output at Youga in 2014.
I am amazed the POG did not tank when more tapering was announced last night - actually the POG rose!
loki (I still have my doubts about where the POG is heading S/M term)
Ann: EVR Delivers 324,275 Oz in 2013 and Forecast, page-3
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