EVG 0.00% 3.1¢ evion group nl

maquarie finance, page-2

  1. JID
    3,568 Posts.
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    Hi Ubid,

    Yes - the SP does reflect a lot of risk in EVG that will, over time be reduced through the achievement of certain milestones.

    One of those is the accessing of Mac Bank money.

    I understand that with the capital raisings of late, the LL project has enough operating cash to get construction through till mid August, no problems.

    I believe that there is lots of work going on with Mac Bank now and I think that we are on the final straight here.

    I am confident that the money will be flowing well before mid August.

    Cheers
    John
 
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