Gravscan, I suspect that it is arbitrage at play following the recent announcement on an upcoming CR.
"issue up to 75m shares" to cover the costs of the Novus payment of $3m and Ecuador costs of $4.5m...hellooo...that's $7.5m or 10 cents a share.
I personally don't think it will go for this, but maybe others do and so there is a sell off in the hope/gamble that they can buy back cheaper.
Look in the big scheme of things this is a small ripple and we should all be concentrating on the intrinsic value of EVG which is way north of the current SP.
When the share price is 35c and higher, who will really care about nickel and diming it to make a cent or two!
Each day we derisk the plant construction and move closer to production knowing that we already have good hedging cover in place.
EVG Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
