It’s essentially a risk-adjusted analysis - in simplified terms, what it’s worth *today*, based on the likelihood of success * the value if success occurs.
If it does succeed, it will be worth much more than the current Edison valuation, because Edison adjust that value based on risk and future costs.
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- Latest Edison Report Values KZA at $1.91 per share
Latest Edison Report Values KZA at $1.91 per share, page-3
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