EKM eleckra mines limited

Ann: Appendix 3B , page-11

  1. 3,904 Posts.
    Well looked at Fully Diluted under the assumption of about another 500 kOz and interestingly it placed the SP at 0.51c with an EV of $125.

    So yep down on my 0.75 phhhft - but tantalizingly close to last weeks peak.

    And the usual caveat that my guesstimates are closer to alchemy and astrology than chemistry and astronomy.

    A dose of science and a lot of guess work.

    Still I don't think it is overvalued - how undervalued depends on you time frame. In the short term (couple days maaate) perhaps not a lot.

    Over the longer term perhaps quite a lot.

 
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