It would seem the option conversion in Dec 2011 is important to get the new Equador project up and running.
What are your thoughts on where the shareprice will be at in Dec 2011?
For what it is worth, I thought 30c would be reasonable, assuming that LL would be up and running and we would have a JORC resource in Equador and feasibility assessment would be completed.
However, it would not surprise me if the shareprice was a lot higher, as new deals could be placed on the table for EVG.
A couple of years ago, EVG was going to pursue some Chinese JV's, but I have not heard anything about this recently. Maybe someone can ask about it at the AGM next week. I think there would be some tremendous opportunities for JV's treating old gold mining tailing dumps in China. If EVG got into some of these, we could grow into a major very quickly
EVG Price at posting:
12.5¢ Sentiment: Hold Disclosure: Held
