@Exised
The bond is really outstanding, a huge vote of confidence - you don’t get an over-subscribed placement when the rate is only 3% unless your extremely confident of getting your cashola + interest back
plus there’s a hedge there for exchange rate. I remember PLS (lithium miner) a few years getting 20%! That was a worrying time
Re the copper credits if it contributed to lowering gold cost by $100A/Oz in 2022 (and almost double that in 2023), working on last years production figures of 700k ish Oz gold production they’d make an extra $70M in the first year, $140M in the next, slightly less in following years leading to a 5 year payback of whole acquisition (when also accounting for increasing gold production)
one thing I am still a little confused about they have $400M debt already (from memory)?
they say that acquisition cost $1B comes from bond of $200M and the rest from cash. But then next line, debt increases to $1.6B so not sure I’d describe that as coming from cash - what is the terms of this debt (the 400M already existing and the new $800M).
pretty new to EVN so appreciate your thoughts and those of others.
- Forums
- ASX - By Stock
- Ann: Evolution Secures Full Ownership of Ernest Henry
@ExisedThe bond is really outstanding, a huge vote of confidence...
-
- There are more pages in this discussion • 54 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EVN (ASX) to my watchlist
|
|||||
Last
$3.48 |
Change
-0.060(1.69%) |
Mkt cap ! $6.910B |
Open | High | Low | Value | Volume |
$3.48 | $3.51 | $3.47 | $12.92M | 3.707M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
70 | 155348 | $3.48 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.49 | 168215 | 86 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
70 | 155348 | 3.480 |
50 | 212339 | 3.470 |
41 | 172365 | 3.460 |
28 | 276754 | 3.450 |
18 | 96724 | 3.440 |
Price($) | Vol. | No. |
---|---|---|
3.490 | 168215 | 86 |
3.500 | 195553 | 39 |
3.510 | 174917 | 28 |
3.520 | 87230 | 15 |
3.530 | 216957 | 14 |
Last trade - 12.39pm 25/06/2024 (20 minute delay) ? |
Featured News
EVN (ASX) Chart |