re: Ann: Financing Documentation Finalised fo... Hi Jarg,
You said:
"with a p/e of 10 we'd be looking at 56c a share and that ain't unrealistic"
My question is why would anyone pay a PE of 10 when there is only 6.7 years worth of ore?
Don't get me wrong, I own a truckload of EVG shares and it is undervalued.
However, P/E is not an appropriate measure of value here - the LL NPV is.
Cheers
John
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