EVG
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5.41% 3.5¢ evion group nl

re: Ann: Financing Documentation Finalised fo... Hi...

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  1. JID
    3,568 Posts.
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    14/04/10
    07:48
    Post #: 6569398
    re: Ann: Financing Documentation Finalised fo... Hi Jarg,

    Ordinarily I would agree with you. However, a gold company like EVG can only stay operational as long as the ore resource is available to feed the mill.

    Thus, a PE of 9 is inappropriate as there is only 6.7 years of ore at their present LL location.

    Thus, the NPV of $78m is a better way to value EVG at present.

    This will increase, however, once/ if EVG secures additional ore resources for LL and advances their Ecuadorian and Peruvian projects.

    Regardless though, market cap vs. NPV is very attractive.

    Cheers
    John
    EVG Price at posting: 7.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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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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