Wishlist to EDV Management
Here's what I will like to see from EDV on Monday re: Q1 results.
1). Production #s blown past expectations.
2). Gold sold in Q1 at price of approx $1325 - $1350 (higher... the better)
3). Forward Guidance as to how EDV is going to pay off debt over the next 3 years.
4). In light of Gold Price downturn, what steps have they put in place to make sure that net cash flow stays positive.
Looking at Gold Prices, it seems we might be heading to another test of December lows. I believe that EDV management are more experienced in this context.
I wish to see a clear strategy from EDV management as to how they are going to ensure that EDV becomes debt free in the next 3-4 years. As a shareholder, I believe that if EDV addresses the debt scenario, the market cap will move to a realistic level which, in my opinion, is around $1.6 billion or approx $4.00 per share.
Let's see what Monday brings !!