EVN 2.84% $4.70 evolution mining limited

Ann: Red Lake Acquisition Investor Presentation, page-40

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  1. 288 Posts.
    lightbulb Created with Sketch. 57
    I think you got the SAR superpit numbers out a bit. 50% of 7.3moz reserves plus 11.7moz resource = 9.5moz and puts it around $115/oz.
    Also have a look at the fine print In the evolution presentation, see highlighted on attached image:
    Don't know why no one has not commented or factored it in that the 2.1moz is in fact prob closer to 1.2-1.4moz.
    Not to mention the conversion of Ni43 compliance to JORC which will have an unknown effect..Positive/negative, who knows?

    https://hotcopper.com.au/data/attachments/1853/1853210-96b910ff2432a827a92a411d8a4c3898.jpg


 
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