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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

Post by marben100on Dec 08, 2020 2:46pm
374 Views
Post# 32059687

I'm Excited!

I'm Excited!...and that's probably a signal to sell. Nevertheless, I added to my holding a few days ago @ C$30.25. There are just so many catalysts coming up over the next 6 months:
  • First, I expect Q4 to be a record quarter, with Boungou ramping up and Hounde processing higher grade Kari Pump ore.
  • To be followed by an even better Q1 next year, with a whole quarter of Boungou fully ramped up and completion of the Teranga takeover.
  • Also in Q1, we have payment of the maiden dividend, maiden reserves for Kari Centre & Kari Gap and the Fetekro PFS.
  • After that we get confirmation and details of the London Listing, which should trigger buying by London-linked tracker funds.
I am hoping/expecting that this will prove to be a bargain price.

Cheers!

Mark
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