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Added to YB: 2026-07-23

Pitch date: 2026-07-21

EVG.AX [neutral]

Evion Group NL

-3.57%

current return

Author Info

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Company Info

Evion Group NL operates as an integrated graphite developer in Madagascar, India, and Europe. The company’s flagship project consists of Maniry graphite project located in Southern Madagascar.

Market Cap

AUD 20.7M

Pitch Price

AUD 0.03

Price Target

N/A

Dividend

N/A

EV/EBITDA

-9.85

P/E

-6.13

EV/Sales

123.01

Sector

Metals and Mining

Category

special_situation

Show full summary:
Maniry Mining Permits Granted: EVG's Four-Year Wait Ends

EVG.AX (update): Madagascar granted mining permits for Maniry graphite project after 4yr wait. DFS: 21yr life, US$263M NPV pre-tax, 32.65% after-tax IRR, US$79.2M Stage 1 capex, ~US$640/t cost vs US$1,448/t price. Market cap just $19M. EU Strategic Project w/ EIB/KfW financing talks, €3M grant flowing. Vertically integrated: India plant already banking sales (non-Chinese chain). Next: offtakes, FID. Stock 2.6c.

Read full article (6 min)