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Endeavour Mining plc T.EDV

Alternate Symbol(s):  EDVMF

Endeavour Mining plc is a United Kingdom-based senior gold producer with operating assets across Senegal, Cote d’Ivoire and Burkina Faso. The Company has a portfolio of advanced development projects and exploration assets in the highly prospective Birimian Greenstone Belt across West Africa. It operates mines that include Hounde Mine, Ity Mine, Mana Mine and Sabodala-Massawa Mine. The Hounde Mine is located approximately 250 kilometers (kms) southwest of Ouagadougou, the capital city of Burkina Faso. The Hounde Mine is owned by the Company (90%) and Government of Burkina Faso (10%). It owns approximately 85% of Ity Mine, which is located 480 kms northwest of Abidjan in southern Cote d'Ivoire. The Mana Mine is located approximately 200 kms west of Ouagadougou, the capital of Burkina Faso. The Sabodala-Massawa Mine is approximately 640 kms southeast of Dakar, the capital of Senegal. It owns approximately 80% of the Lafigue project. Its other projects include Kalana, Bantou and Nabanga.


TSX:EDV - Post by User

Bullboard Posts
Comment by bullbleepon Mar 06, 2013 3:37pm
306 Views
Post# 21089456

RE: RE: RE: RE: RE: IR (Marla) Recent Response

RE: RE: RE: RE: RE: IR (Marla) Recent Response

we need to wait until we see Q1 results and figure out what the free cash flow of this comany is before we get any indication as to where the stock value should be. I fear too many investors focus on 'mine cash operating costs' and the like, and there are a whole other section of costs that need to be deducted before you get to a number that represents what you can put back into the ground to find new reserves and find new mines. I fear that investors still believe this 'cash flow' number is much highr than it is. Indeed the whole industry is attempting to define what an appropriate measure of cash flow is as they realize a total disservice has been done to their share base...........stay tuned. 

Bullboard Posts