EVG 5.41% 3.5¢ evion group nl

The company has previously confirmed to a poster on Hotcopper...

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    The company has previously confirmed to a poster on Hotcopper via email that the TSX listing will be non-dillutive.

    I would expect that with the option conversions leading in to December, along with the commencement of cashflows early in the new year, I suspect there is a low chance of a raising being conducted to Canadian participants. Remember, the company does not need to direct ever cent of gold sales to debt reduction, so I suspect that excluding LL project financing (done via loan draw downs) any cash at hand will be sufficient over the coming 6 months to meet drilling and corporate expenses, after which regular income will commence.
 
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