EVG 5.41% 3.5¢ 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
3.5¢
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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