Gives a Market Cap of $66 million --- fully diluted and includes $47 million in cash. ($16million raised in current placement and another $31 million dollars if all options exercised) -- May not be an accounting approved calculation --- but does reflect the situation.
If all happens as projected --- EVG are looking good --- however many a slip between cup and lip.
SHARES ON ISSUE: 97,610,000 SHARE PLACEMENT Oct/Nov 2007 100,000,000 * (to raise A$16 million Oct 07) 31/12/2007 20 cent options 36,334,235 31/12/2009 25 cent options 43,000,000 31/12/2009 25 cent options 50,000,000 * with Oct/Nov 07 placement Options to Indian Ocean Capital 5,000,000 (Placement fee)
Total:………………………………………331,944,000 (fully diluted
EVG Price at posting:
0.0¢ Sentiment: None Disclosure: Held
