EVG 5.00% 1.9¢ evion group nl

trading stock or one for the future?

  1. 643 Posts.

    Hello Ubid and Co,

    In regards to EVG's short mine life of 6 years, would EVG be considered a 'buy the rumor sell the news' type trading stock?

    The reason I ask is that I am after a multi-bagger that may provide dividends at some point in time in the future. As EVG's mining life appears shorter than I first anticipated, EVG may not be a buy and hold stock.

    Fell free to poke some holes in my thoughts.

    Much appreciated,

    talktome


    EVG (las lagunas)

    Stage Finance
    EV A$28M
    Resources 5.1Mt @ 4.4 Au eq
    Capex US$72.5M
    Production 75 kozpa Au Eq
    Cash Costs US$333/oz Au Eq (silver credits)
    Mine life +6 years
    Capex Intensity ~US$967/oz




    Post #: 319963
 
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2.0¢ 2.0¢ 1.9¢ $9.738K 500.6K

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3 253160 1.9¢
 

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