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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

Comment by marben100on Dec 15, 2021 6:46am
131 Views
Post# 34231764

RE:RE:RE:Today's Conspiracy Theory

RE:RE:RE:Today's Conspiracy TheoryThanks Ronnie. To be clear I'm also not suggesting that Barrick are in "hunter mode" (as you say, it's just a theory) - just explaining the hurdles that any bidder for Endeavour would face, now that Endeavour is a UK plc.

Securities regulation in the UK is also not great - but the takeover panel is a body with real teeth that reviews and vets the bidding process for any company falling within its remit.

Note that I am a  volunteer director of ShareSoc - the UK Individual Shareholders Society (https://www.sharesoc.org/) and we lobby the UK regulators and government for fair treatment of individual shareholders. We are in close contact with those regulators and are currently communicating with the takeover panel and government regarding the proposed takeover of Bacanora Lithium by a Chinese entity. See https://www.sharesoc.org/campaigns/sharesocs-bacanora-investor-group-big/ for details.

Cheers,
Mark
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