Evg's first project will produce over 60,000 ounces per year which values EVG at 25c + with a gold price of $900 an ounce.
Gold Currently $1053 per ounce.
They then plan to get other projects up and going within a year or two of the first one, then eventually ramp up (within 2 years ) to over 300,000 ounces of gold.
300,000 x $1000 per ounce = 300 Million per annum.
= Share price of over $1 easy IMO. Current SP $8.4 c !
Note: This is just the Gold, They will be processing Silver also.
