1. If settlement is at the end of the month, might one assume that unconditionality (and therefore disclosure of the price paid) will be sometime before that? Maybe mid-monthish, to venture a wild guess?
2. If the three payments are spread over 24 months, and if for the sake of argument they are evenly spaced, the first would fall around July next year, prior to production. Any opinions as to whether that and subsequent payments will be within reach of current financing arrangements?
3. Anyone like to estimate what the NPV of Grimston World's interest in Las Lagunas is, or how it's calculated in situations like this? Is it likely to be a figure taken from the annual report, or an updated version, or something else?
4. You could wonder why EVG cut Grimston World into Las Lagunas in the first place, if it was (with 20-20 hindsight) within EVG's reach to go it alone, although presumably it was linked to the GFC and tight credit back then.
5. Looking back over over EVG's plethora of forays over the last few years, they seem to have tried a lot of different paths forward, with a fair share of dead-ends among them. I admire EVG's energy and persistence, and it seems close to paying off handsomely.
6. EVG has only arrived at the current prosperous outlook after years of setbacks. One could wonder if there hasn't been an element of impetuosity involved in the management style, among the more positive traits. However, perhaps there was no way to foresee or mitigate the impacts of Ruiz, Chavez, the GFC, MacBank, and so on.
7. All these musings aside, and provided they haven't paid too high a price, EVG seems to have taken a healthy step forward with this action IMO.
EVG Price at posting:
8.7¢ Sentiment: LT Buy Disclosure: Held
