what did the hc readers make of the q report, page-5

Black Gold,

I know it's only academic and really just pie-in-the-sky but if EGO was to hit 60+ then that would in theory value Stokes Bay at approx $9.5 Billion NPV all things being equal and nothing else taken into consideration.

Reason being that EGO has 2,343,360,2085 shares and options and 14.8% of the prospect.

Therefore the calculations on the rest look very conservative.

Then again the EGO punters have always rated it higher than any of the other participants.

Also just as an aside. Any thoughts on why Yulleroo has had close to zero interest in so far as comments on HC?

If it’s a dud then it’s a dud but if it’s otherwise then Stokes Bay is beer money for ARC by comparison.

MI