EVG 2.94% 3.5¢ evion group nl

I wouldnt be looking at just the Dominican mine for a sp...

  1. 23,765 Posts.
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    I wouldnt be looking at just the Dominican mine for a sp movement, the company has its fingers in a number of rather sweet pies.
    I am a little familiar with the metalurgical process and I feel ramp up to name plate capacity will be very quick once they do start producing there are few unknowns with what they are to do as they have a consistant ore body at Las Lagunas being high grade tailings and a isa mill set up that has been used in many sites around the world including very near me .
    If they get a $7 million invester shortly with a good pedigree that would also stimulate the sp I feel.
    With cash flow generatiion 1000 days down the track equivalent to the market cap I feel it is a buy and hold

 
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