EVN evolution mining limited

Ann: March 2018 Quarterly Report, page-4

  1. 110 Posts.
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    Yes an outstanding result indeed. We should see the SP advance strongly on these results as this must have been above market expectations.

    On a different note, in the resources report, the company notes that they have used a “conservative” price of gold at around AUD1350 (USD 1050) per ounce for their forward estimates. Current price is AUD1750 (USD1354) so very conservative indeed. The implication being, if POG holds up over the coming period, the delivered results will be even more impressive than currently forecast.

    Happy days!
 
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