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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

Comment by Dale327845on May 31, 2023 9:39pm
162 Views
Post# 35474023

RE:RE:RE:RE:RE:real reasoner the jump

RE:RE:RE:RE:RE:real reasoner the jumpI don't know anything about this, but it seems that if La Mancha wanted to unload a significant amount of its 19.4% ownership of EDV , it would be 'off market'.  Doing it 'in the market' would seem a terrible way for them to proceed.  For one, the daily volume is usually so low, it would be both slow, and totally destroy the price.  If they wanted totally out, always possible, it would be more or less a sale of the company. 
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