Share price has faded over 10% in the two trading days since the Quarterly Meeting announcement of a projected 4-6cps 2021 final dividend, down from 9cps FY2020. The Canadian Red Lake mine acquisition is proving a hard pill to swallow, running at a A$21.9m loss while upgrading and has an AISC of A$2233/oz, cf group ASIC of A$1215 and current gold price of A$2450. By 2023, Red Lake is expected to double output with 30% decrease in AISC and blue skies by 2026 with projected 330,000oz annual production, bringing Group output to 90% of the magical Mega oz mark. Group cost base is 53% on labour, something to watch with reported mine personnel shortages and inflation on the horizon.

https://www.australianmining.com.au/features/is-a-miningskills-shortage-looming/

True believers can hearten themselves by remembering the gold price doubling after governments spent their way out of the 2008/9 crash.

(disclosure: I've held EVN since 2017)