Evolution paid A$553 million for Shit Lake and a further A$356 million for Battle North.
Evolution has poured over A$100 million into upgrading the mine. Not to mention 4 years of running at a loss and further losses ahead of us.
Over 1.1 billion in costs and nothing to show for it but more debt. I recall an analyst calling I. On the Dec. qtly Conference call questioning if Red Lake was up for sale. The answer was NO.
Seriously changes need to be made at the board level - who are all a bunch of geriatric old farts.
The market has had enough of Shit Lake!
The market is now talking as they think EVN are flogging a dead horse and now I’m thinking these intelligent people are right!
Evolution paid A$553 million for Shit Lake and a further A$356...
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Last
$3.73 |
Change
0.000(0.00%) |
Mkt cap ! $7.407B | |||
| Open | High | Low | Value | Volume |
| $3.77 | $3.78 | $3.66 | $45.59M | 12.27M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 69459 | $3.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.74 | 73486 | 8 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
$3.72 |
Change
0.000 ( 0.53 %) |
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| Open | High | Low | Volume | ||
| $3.77 | $3.78 | $3.66 | 4002495 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
| EVN (ASX) Chart |