EVG 4.00% 2.4¢ evion group nl

Thanks MTT.At under $12 million market cap ATM, it's absurd...

  1. 443 Posts.
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    Thanks MTT.

    At under $12 million market cap ATM, it's absurd given that based on the following from your article, the share price should theoretically be 3 x current price in the short term.

    "The Panthera JV will initially process third-party graphite, but gives Evion a net present value of US$38 million for its share. It has cost just $3 million to establish and has a payback period of 1.2 years".
 
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