AGM preso was quite impressive. Cash costs at 50c are almost what you would call low cost.
By my calcs EV is now approx:
$120 m (marcap) -$40m (cash) + $100m (notes) = $180m
cash flow from ops (based on last quarter $3.9 m * 4) = $15.6 million
If zinc prices hold up and they can double production at Endeavour will be looking very cheap - other projects aside.