EVG 3.33% 2.9¢ evion group nl

SP = 0.082Their project has NPV > $40m, fully diluted market cap...

  1. 1,507 Posts.
    SP = 0.082

    Their project has NPV > $40m, fully diluted market cap (SP would need to reach 0.25) is $14m.
    If all options were converted and with cash on hand, they would have $17m in the bank.

    Will be a producer in 2008 with 6 year project and are looking at further projects using the same technology.

    IMO accumulate now if you want an excellent 12-18month play
 
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