EVG 5.41% 3.5¢ evion group nl

re: Ann: Financing Documentation Finalised fo... Thanks JIDThe...

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  1. 10,469 Posts.
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    re: Ann: Financing Documentation Finalised fo... Thanks JID

    The presentation in October 2009 stated that the $78M NPV figure was based on a $USD900/ounce gold price. The gold price is now around $USD1159. I expect that the hedge will be around the level set recently for ADU at $USD1075. I am not sure what exchange rate was used back then, but in October the exchange rate ranged around 86 to 90 cents AUD/USD. I think the NPV is now higher than the $78m estimated back in October because the gold price has risen substantially.

    I have taken a punt and dumped my smallish EVGO holding and bought an equivant number of EVG shares.

    I am now looking to see how developments progress with restpect to EVG before I buy more.

    loki
 
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Last
3.5¢
Change
-0.002(5.41%)
Mkt cap ! $7.980M
Open High Low Value Volume
3.8¢ 3.9¢ 3.5¢ $35.37K 969.7K

Buyers (Bids)

No. Vol. Price($)
2 260020 3.4¢
 

Sellers (Offers)

Price($) Vol. No.
3.5¢ 56079 1
Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
EVG (ASX) Chart
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