- Endeavour Mining recently released a positive Pre-Feasibility Study for its Fetekro Project in Cote d'Ivoire.
- The study has shown significant improvements from the previous Preliminary Economic Assessment, with the projected production profile boosted to 209,000 ounces per annum.
- Endeavour Mining already had an enviable organic growth pipeline ahead of the recent Fetekro Pre-Feasibility Study, and this project could push Endeavour closer to the 1.8-million ounce mark.
- Given Endeavour's solid organic growth pipeline and transition into a lower-cost producer, thanks to Sabodala-Massawa and Boungou, I see this violent correction as a buying opportunity.
For further details see:
Endeavour Mining: Robust Results From Updated Fetekro Study