EVN 2.93% $3.87 evolution mining limited

Ann: June 2021 Quarterly Report, page-12

  1. 1,208 Posts.
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    Capex over next 3 years will chew up a lot of cashflow and probably limit dividends. Long-term holders will benefit but not good in short-term. Their Oz hedge book (only on <20% of production until mid 2023) also don't look great at the current A$ gold price - Around $100m out of the money.
 
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