Endeavour Mining plc T.EDV

Alternate Symbol(s): EDVMF

Metals & Mining Gold

Endeavour Mining plc is a United Kingdom-based multi-asset gold producer focused in West Africa. The Company has five operating assets consisting of the Hounde and Mana mines in Burkina Faso, the Ity and Lafigue mines in Cote d’Ivoire, and the Sabodala-Massawa mine in Senegal, two greenfield development projects (Assafou and Kalana) in Cote d’Ivoire and Mali and a portfolio of exploration assets on the highly prospective Birimian Greenstone Belt across Burkina Faso, Cote d’Ivoire, Senegal, and Guinea. The Hounde mine is located in the northern part of the highly prospective Hounde Greenstone Belt, approximately 60 kilometers (km) south of the Mana mine. The Ity mine is located in western Cote d'Ivoire, 480 km west-northwest from Abidjan, in the prefecture of Zouan-Hounien. 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.

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Endeavour Mining plc

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Post by realmodgilon Nov 13, 2015 6:18pm

193 Views

Post# 24290550

News out on Q3

Highlights.....

- AISC Up !!!!!
- Cash Balance Down from 53 millionin Q2 to 32 million in Q3 (drop of $21 million) !!!!
- And no further Debt Repayments after the 40 million already reported in previous NRs. !!!
- Realized Gold Price of 1120/oz. (Current Gold Price @ 1080/oz). So, it gets uglier going forward !!
- Hounde project still a top priority !!!! (Really ???)

Let's see how they spin it on Monday !!!!

Lolololol !!!!

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