What will EQ Resources NPV be?, page-11

Plext

Investors have had plenty of time and opportunity to invest in this company. It was an important move to have backing from a mainstream Australian broker who will provide research.

They needed to have the raising done quickly rather than a drawn out process.

If you want some more they are still cheap at this price. The NPV is likely to be $250m to $300m. We have a market cap of less than $50m.

As opposed to KIS who have a NPV $241m and are already at market cap of $100m. This is still a gift horse.