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
$4.75 |
Change
0.110(2.37%) |
Mkt cap ! $9.399B | |||
| Open | High | Low | Value | Volume |
| $4.66 | $4.77 | $4.66 | $22.04M | 4.668M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 79 | 104797 | $4.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.75 | 44622 | 29 |
View Market Depth
| Last trade - 13.15pm 27/09/2024 (20 minute delay) ? |
| EVN (ASX) Chart |