RE:New note today from EdisonMany great tidbits of info. thx
Mark
here's a few that caught my attention
"Historically, Endeavour has a good record of meeting its production and cost guidance targets and FY20 was the eighth year in succession in which the company achieved its production cost and AISC targets....
Endeavour is a multi-asset company that has shown a willingness and desire to trade assets to maintain production, reduce costs and maximise returns to shareholders (eg the sale of Youga in FY16, Nzema in FY17, Tabakoto in FY18 and Agbaou in FY20 and the acquisition of SEMAFO in FY20 and Teranga in FY21).
(so much for the resident Mgt Basher's claims)
Of note is the fact that Endeavour’s valuation is materially cheaper than the averages of the majors on all but one of the measures shown
To date in FY21, we estimate that Endeavour has repurchased a total of 3.4m shares at an average price of US$22.27 (C$28.08),
probably eligible for FTSE index inclusion later this year.