EVG 0.00% 3.1¢ evion group nl

re: Ann: Financing of Las Lagunas Gold Projec... Hi PloughI am...

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  1. 554 Posts.
    re: Ann: Financing of Las Lagunas Gold Projec... Hi Plough

    I am trying to get a feeling for what EVG might be worth in 18 months time. From my reckoning LL gold project would have to be worth at least $100 m from a market cap point of view, just based on the NPV and value of the gold plant. Plus if they proove up 1 m oz of gold in Equador, even at $50 oz in the ground, that would be worth $50m IMO, so in 18 months conservatively speaking, EVG could support a market cap of $150m according to my crude estimates, which makes the current market cap of $25 m look pretty cheap. In share price terms, that's a little difficult to predict as I am not sure on the likley level of dilution and obviously injection of the option money if it happens at 15c, could fund the Peruvian project too.
 
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Last
3.1¢
Change
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Mkt cap ! $7.980M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 15625 3.2¢
 

Sellers (Offers)

Price($) Vol. No.
3.4¢ 147071 2
Last trade - 15.08pm 28/11/2024 (20 minute delay) ?
EVG (ASX) Chart
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