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04/11/09
22:20
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re: Ann: EVG commences construction on Las La...
Hi Bulesrule
With profits on the 1st mine at 30m p/a, that is 9c per share profit, or a P/E ratio of 1 to 1 within 14 months.
I agree cannot see it staying at these levels for too much longer, once the market understands this stock, there will be no stopping it.
Probably no reason why it will not trade at a couple of dollars if they get all their projects up in running over the next 3 years IMO.
All the best
Scott
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