Your scenario is definitely possible but your discounting the positive board and increased production impacts.
- Increased production in Cowal this year as we should finish up on the upgrades. 300,000 oz +
- The EVN board have shown large expansionary transactions every other year for the last 6 years. It is their MO...word from the mining circles and S&P global analysts is that EVN is acquiring TSX:IMG (IAMGOL). See below...
S&P global news below...
evn - chart, page-72
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Last
$4.64 |
Change
0.120(2.65%) |
Mkt cap ! $9.229B | |||
| Open | High | Low | Value | Volume |
| $4.55 | $4.64 | $4.54 | $43.61M | 9.472M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10522 | $4.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.64 | 137469 | 17 |
View Market Depth
| Last trade - 16.10pm 26/09/2024 (20 minute delay) ? |
| EVN (ASX) Chart |