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Endeavour Mining plc T.EDV

Alternate Symbol(s):  EDVMF

Endeavour Mining PLC is a gold mining company with operating assets across Senegal, Cote d'Ivoire and Burkina Faso. It has a portfolio of advanced development projects and exploration assets in the Birimian Greenstone Belt across West Africa. It operates Hounde, Ity, Mana, and Sabodala-Massawa Mines. The Ity Mine is located approximately 480 kilometers (km) northwest of Abidjan in southern Cote d'Ivoire. The Hounde Mine is located approximately 250 km southwest of Ouagadougou, the capital city of Burkina Faso. Its projects consist of Lafigue Project and Others. The Other projects includes Kalana, Bantou, and the Nabanga Project. The Kalana Project is located approximately 250 km south of Bamako, the capital city of Mali. The Bantou Project is part of the Dynikongolo permit which is located along the Hounde Greenstone Belt that hosts both the Mana and Hounde mines. The Nabanga project is an early-stage project which consists of three exploration permits covering 178.5 square kilometers.


TSX:EDV - Post by User

Comment by Dale327845on Mar 27, 2024 2:36pm
191 Views
Post# 35956153

RE:maybe the performance will begin to match the old Semafo day

RE:maybe the performance will begin to match the old Semafo dayEDV hit $35.91 April 14, 2023.  About a year ago. And I suppose whether EDV has been a drain or not would depend on ones entry point.    But yes today really is a red letter day, and hopefully with the CEO , um, 'problems' seemingly behind us now, EDV will continue to recover to where we should be: at least $35 at present gold price.  
There was nothing new in the report of what happened in 2023, and in my thinking, today is all about closing the books on the maleficence of the former CEO, with no more harm to be suffered to EDV. 
I personally am very excited about EDV.  Big production increase  this year with the expansions.  Costs low even with high inflation.  And realized gold price set to be substantialy higher than last year. And what keeps my dreams of a happy nature is the potential of Tanda - Iguela.  It has the potential to lift EDV to a 2 million oz au producer at even lower costs then now.  And if the mill were built in say 2025 and 2026, cash flow could pay for it, plus take care of present debt.  What would such a company be worth?   


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