EVN 0.77% $3.89 evolution mining limited

Post #:50282014If you only look at the POG then that would be a...

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    Post #:50282014

    If you only look at the POG then that would be a good conclusion. But if you expand that to earnings then it is a whole different picture...

    In 2015 I bought catalpa/EVN for 75c, free cashflow was $94 mil, in 2020 that was $536 mil that is a 470% increase... At Friday's close SP is at $4.19 that 75c average puts me at 458% accretion. Earnings is a better gauge of SP not POG on a more meaningful timeframe.
    Last edited by Exised: 13/11/21
 
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