It had to do something all this cash and no financial leverage. Red Lake has more potential than Super Pit due to its high grades - minimum 13 years of high grade gold fits into EVN's transaction profile with above average exploration upside. Debt is not an issue but putting Cracow up for sale now makes sense to me.
Ann: Red Lake Acquisition Investor Presentation, page-5
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Last
$4.62 |
Change
0.100(2.21%) |
Mkt cap ! $9.190B | |||
| Open | High | Low | Value | Volume |
| $4.45 | $4.64 | $4.43 | $39.78M | 8.736M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 62613 | $4.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.63 | 10000 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| EVN (ASX) Chart |