EVG 3.23% 3.0¢ evion group nl

havent seen this since cudeco , page-66

  1. 554 Posts.
    hi guys

    Does anyone have any thoughts on what EVG might be worth when it starts producing gold in the Dominican Republic at the start of 2011.

    I know a lot of the production costs and earlier profit projections are probably out of date, but I would have thought that this project alone would have been around $25-$30m per annum, which is almost the same as the current market cap.

    Am i getting this right and why is it so cheap?
 
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