Hey Shellbell, You have been a holder and advocate for EVG for a very long time now. Have you got a price target in mind that you would hope to hit once production starts and then ramp up to full capacity? With the life of mine being 21 years with around 500 million aud value. If we work that out it should be about 20 million a year revenue? Not including the down stream processing facility worth 150 million that we have 50% in. So maybe $25 million a year revenue from both. It is a small-scale operation compared to other stocks but being small scale is better than having no operation at all. I dont see a problem with hitting a market cap of $250 million which would be 10x revenue or a share price of 0.75c a share from our current share price. Even if we double the amount of shares on issue and keep a 250 million market cap then it would still be around 0.40c a share. I just thought i would see your opinion and thoughts on price.
EVG Price at posting:
2.7¢ Sentiment: Buy Disclosure: Held
