era pdn eme valuations.

Latest report values inground uranium resources at u.s.$32.00/lb.
Values of $17 for PDN and $44.00 for ERA have been suggested.
These companies are still trading at about 60% of this valuation guide.
EME.
Applying this valuation guide to EME's current proven resource we arrive at a value of $12.78/share . $7.80 would equal 60%
EME is only days away from a resource upgrade, how much will be added to the current resouce.
EME has 53% of this project PDN and Denison there.
This one could be the next mine in Australia. Its in the Northern Territory,powerful partners and has a high grade expanding uranium resource.
These calcs I am tossing around here so freely could be way off the mark.
Anyone else here in EME care to offer a view.
Lash