@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.
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Last
$3.93 |
Change
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Mkt cap ! $7.774B |
Open | High | Low | Value | Volume |
$3.95 | $3.95 | $3.88 | $6.352M | 1.619M |
Buyers (Bids)
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18 | 61681 | $3.92 |
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Price($) | Vol. | No. |
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20 | 77058 | 3.900 |
20 | 77958 | 3.890 |
23 | 131848 | 3.880 |
12 | 49683 | 3.870 |
Price($) | Vol. | No. |
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3.920 | 759 | 5 |
3.930 | 173251 | 22 |
3.940 | 192488 | 32 |
3.950 | 152971 | 19 |
3.960 | 254097 | 14 |
Last trade - 11.13am 27/05/2024 (20 minute delay) ? |
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Last
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Change
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