EVG 2.94% 3.5¢ evion group nl

gold stock with a huge future, page-21

  1. 23,765 Posts.
    lightbulb Created with Sketch. 258
    thanks for that.
    Looks like the reason he is looking at chavaz country is the ROM (tailings and ore combined ) will grade 5 grams a ton compared with around 3 grams a ton in Dominican republic which should drop plant CAPEX by 40% and OPEX by 60% (cheaper fuel to) per ounce.

    Cant find any costings for the dominican project apart from the half yearly where they were using a US$850 a ton Au price but guess it has to be profitable if they got lending

    Anyway I bought a few.
    biggest risk I feel is BJ loosing his cool rather than country risk does he still buy basketballs for big bucks?
 
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