Endeavour Mining plc T.EDV

Alternate Symbol(s): EDVMF

Metals & Mining Gold

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.

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Endeavour Mining plc > One step up, two steps down

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Comment by mercedesmanon Dec 28, 2023 2:22pm

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Post# 35802957

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:One step up, two steps down

Re Earnings not keeping pace with the POG

guessing we averaged $ 1900/oz in 2023
Guessing we'will average $2100/oz in 2024
Guessing the highest input cost ( oil) will be way down yoy.

watch what happens to the bottom line.. Most of the above drops right to the bottom line.

Then factor in a return to +1.5M oz based on new mines ( with low AiSC)

Net earnings lag POG headlines but as sure as you're born big increases are coming.

MM

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