Wouldn't you buy EVN at same market capital with 400,000oz+ pa and lower asic, much better ore grades... Risk spread over 5 mines with increasing divi's..... Or the market darling NST kicking goals all the time with runs on the board...
Or the bit riskier BDR producing near 200,000oz pa with market cap less than 200mil and paying divi...
I feel we will see sp well under $1.00 in the coming weeks and months if they cant get there act together, grades less than 1g/ton there's not much margin for error, looks like there processing ore without any gold.... Hope the grades improve or ASIC is going to be sky high as processing so much not much yellow stuff.... Lucky its a aussie miner and aust gold still over $1500oz otherwise this would get hammered like RSG, PRU etc with sp less than half what it is now... with the overall goldie's under selling pressure, there isn't much room for complacency... Feel for the holders... all the best....
Wouldn't you buy EVN at same market capital with 400,000oz+ pa...
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Last
$1.78 |
Change
-0.010(0.56%) |
Mkt cap ! $1.340B | |||
| Open | High | Low | Value | Volume |
| $1.78 | $1.79 | $1.76 | $3.430M | 1.934M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 43503 | $1.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.78 | 48116 | 6 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| RRL (ASX) Chart |