EnviroGold Global Limited. C.NVRO

patience

[peter77]

Any thoughts on if this could hit $ 2 or $3 if they are able to carry out with their plans.....?

[farml1234]

Yes easy ! jmho

[lscfa]

I can't value this co. until I get some answers from mgmt. e.g. It is not clear whether Envirogold has to provide the entire US$92 mil capex for the Hellyer project to receive only 50% of the yearly pre-tax profits on the 1st US$24 mil and 65% on amounts above US$24 mil.  

[lscfa]

Here's some unlevered no.s for Hellyer. I will provide a leveraged scenario later.   $Cdn 000’s         Capex 119,633 119,633 119,633 119,633 Equity issue

[lscfa]

Leveraged scenarios added....         12% 3 yrs 12% 5 yrs $Cdn 000’s 100% sh financed 60 Mil debt 90 Mil debt Capex 119,633 119,633 119,633

[peter77]

Hey thanks for the info......