of course there is a chance evg may see 16c again but fully diluted with 326 million shares giving a mcap of $52 million it may be very wishful thinking.
evg are a rare beast where they are capable of increasing their annual gold production year on year without having the exploration burden of other miners and will be able to achieve it without ever needing to come back to the market for development funds.
the business plan is straight forward. negotiate a cornerstone tailings deposit, build a centralised plant and then negotiate to process other tailings in the region.
cheers
EVG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
