EVG 0.00% 3.1¢ evion group nl

re: Ann: Financing Documentation Finalised fo... Hi Jarg,You...

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  1. JID
    3,568 Posts.
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    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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Mkt cap ! $7.980M
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3.3¢ 3.3¢ 3.1¢ $3.403K 107.3K

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1 38595 3.1¢
 

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Price($) Vol. No.
3.3¢ 40000 1
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