EVN 0.69% $4.33 evolution mining limited

As a relatively new follower of EVN, I'm particularly interested...

  1. 1,669 Posts.
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    As a relatively new follower of EVN, I'm particularly interested in the post Red Lake acquisition financials. On paper, I like that the company financed the acquisition via debt (vice dilution). It looks like a long road ahead but I like the high grades. I understand the company was, pre Red Lake, in a net cash position. Can anyone offer some clarity on whether the company will pay-out its former loans? Either way, I'm not concerned as gearing is very manageable (13%).

    Baron
 
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