Agree Rocky-1.
If you are curious and have time on your hands, start doing a bit of your own NPV calcs, and do a "sum of the parts" valuation. An NPV on Epanko alone is a number of multiples above the current sp. Taylor recently put 86c on it, or 43c with a 50% discount (just emailed to shareholders today, so it should be on website over the weekend). Unlike other juniors, our project can start to be relied upon with a higher degree of accuracy and comfort, as we have a lot of risk taken out via the off-take. Personally, my number is north of $1, but I can see why Taylor have to be a bit more conservative.
Then, add a valuation for a potential JV with Richland. The flake there is also excellent, I believe. It will likely add 50% to the Epanko NPV. Then, add the Tango potential. As noted in the announcement, Tango was originally one of the top 3 prospects in Tanzania for KNL, so to get it bodes very, very well.
I'm not going to ask you to tell me your own valuation calcs, but I know that once we are producing, the value of the shares will be above $1.
When does production plan on starting? Early 2016. Potential upside from current share price? Massive.
- Forums
- ASX - By Stock
- EGR
- knl frankfurt trading like crazy
knl frankfurt trading like crazy , page-12
Featured News
Add EGR (ASX) to my watchlist
(20min delay)
|
|||||
Last
8.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $39.50M |
Open | High | Low | Value | Volume |
8.7¢ | 9.0¢ | 8.7¢ | $8.563K | 96.74K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 15892 | 8.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.0¢ | 76867 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 15892 | 0.087 |
4 | 117255 | 0.086 |
3 | 118000 | 0.085 |
1 | 2500 | 0.084 |
1 | 62200 | 0.080 |
Price($) | Vol. | No. |
---|---|---|
0.090 | 76867 | 2 |
0.091 | 153204 | 2 |
0.092 | 39999 | 1 |
0.094 | 10000 | 1 |
0.095 | 58100 | 2 |
Last trade - 15.35pm 10/10/2024 (20 minute delay) ? |
Featured News
EGR (ASX) Chart |
The Watchlist
EL8
ELEVATE URANIUM LTD
Murray Hill, MD & CEO
Murray Hill
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online