June (bullish) presentation They are clearly selling the story at the moment...
Page 7 to 9 about Eagle : production and model in excellent agreement, recovery trending as expected, in Q4 "In Q4 2020, the HLF started to outperform the model. It’s believed this is because ROM recovery is exceeding the model"
Project 250K : decision in Q3
Project 2040 : Eagle deep dirlling -> resource update by end of year, dirlling complete by end June.
Raven : goal is maiden resource by eoy
Note Cormark comment cited page 14:
"Cormark (17May21) – With Coeur Mining recently acquiring a 17.8% stake in Victoria from Orion, takeover speculation has increased. We believe assets like Eagle, which will produce over 200,000 oz/yr for at least the next ten years and is located in a geopolitically safe jurisdiction, are scarce and as such tend to get acquired near or above the NAV, which we currently estimate at $20.00. We are increasing our target price to C$22.00 (from C$20.00) to reflect the potential for a takeover"
Note the dedicated page about being an "attractive takeover target"...