THE ROAD TO A RE-RATE 10M OUNCE GOLDMINE.
Despite the increasing world-class interest being generated by Rovina Valley’s huge promise, an enormously persuasive argument for Euro Sun’s undervaluation exists elsewhere.
With a market cap of C$53.2 million, it is presently valued at just C$5.30 an ounce – far below the $20/ounce usually commanded by projects of such size and advanced status.
After its recent recapitalization through May’s placing, Euro Sun is now in a better position than ever to close this gap – and this could be just around the corner.
The firm is confident this money will see through the completion of all of the work needed to deliver a bankable feasibility study and get Land and Project Urbanization Certificates for Rovina Valley before end-2020 .
Why is this so critical?
Because Rovina Valley will be construction-ready at this point, and Euro Sun’s focus will shift onto winning debt financing and construction permits.
With the support of financiers and the Romanian government on its side, Euro Sun’s long-term future at Rovina Valley is looking very bright.
As it pushes through these critical near-term project milestones against such a hot gold market backdrop, the inevitable re-rate can only be prolonged for so long.
This communication is a paid advertisement. ValueTheMarkets is a trading name of Digitonic Ltd, and its owners, directors, officers, employees, affiliates, agents and assigns (collectively the “Publisher”) is often paid by one or more of the profiled companies or a third party to disseminate these types of communications. In this case, the Publisher has been compensated by Euro Sun Mining Inc to conduct investor awareness advertising and marketing and has paid the Publisher the equivalent of one hundred and twelve thousand USD to produce and disseminate this and other similar articles and certain related banner advertisements. This compensation should be viewed as a major conflict with the Publisher’s ability to provide unbiased information or opinion.
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