EVG 2.94% 3.5¢ evion group nl

hi guysDoes anyone have any thoughts on what EVG might be worth...

  1. 554 Posts.
    hi guys

    Does anyone have any thoughts on what EVG might be worth when it starts producing gold in the Dominican Republic at the start of 2011.

    I know a lot of the production costs and earlier profit projections are probably out of date, but I would have thought that this project alone would have been around $25-$30m per annum, which is almost the same as the current market cap.

    Am i getting this right and why is it so cheap?
 
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