EVN 0.91% $4.45 evolution mining limited

Ann: December 2021 Quarterly Report, page-34

  1. 2,047 Posts.
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    The market doesn't like the fact that the company is using a large chunk of its cash flows to get it to produce over 900k ounces of gold in a couple of years imo the next div will probably be cut too. Once we reach 900k ounces those expansion costs would come down considerably which will be reflected in the all in costs and the company will be rolling in cash. Not to mention with all that copper from EH, costs will fall even further. But it does seem that with all the acquisitions the company has been doing in 2021 it does make Jake seem to be a man in a hurry. All in all earnings will be very volatile but in a couple of years trust me when I say no one would be complaining.


 
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