DDzx
Yeah that is about my calculation of it too, hence why I would be very surprised to see the shareprice fall much further or indeed even stay at this level for any length of time.
EOC seem to be in a very good position in that they have a small short term asset with high probability of going to production, and, a potential Tier 1 asset for the future.
Also it is appears to me that macro factors maybe on the improve.
I am the Iceman!
