re: Ann: EVG Completes Trial Mining Exercise ...
if all works to spec with the albion kit this thing will fly. concerns over the efficacy of the technology may be the main thing holding the sp back imo.
if the plant works to spec, then once steady state production at LL is reached (say by may/june to be realistic), evg should be trading well over 50c based just on LL earnings. and that's before you factor in any of their other projects which are potentially very lucrative in their own rights.
aussie investors are so conservative with spec miners. i couldn't care less about the name change but i think the new listing will be a positive for the sp. i think the norte americanos are more savvy and more risk tolerant than the the bulk of aussie investors.
anyone know whether the cash on hand vs required cash to complete project is sufficient to see them safely through spend until commercial production. just wondering if this may be another concern with some punters?
also, anyone with experience/knowledge of the albion plant care to comment on the potential risks (if any) to achieve successful commercial production?
k
k
EVG Price at posting:
18.0¢ Sentiment: LT Buy Disclosure: Held
