Endeavour Mining plc T.EDV

Alternate Symbol(s): EDVMF

Metals & Mining Gold

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

Endeavour Mining plc

Bullboard Posts

Comment by gildageon Sep 03, 2013 11:38am

275 Views

Post# 21714644

RE:profitability

There can be no doubt about profitability!
They are churning tens of millions of profits back into expansion instead of dividends.
The cash-flow is positive $400 per ounce at all-in costs of around $1000 per ounce.

Multiply times 450,000 ounces by next year.

Bullboard Posts

TELUS adds 347K customers in Q3