EER 0.00% 3.6¢ east energy resources limited

Zin.... Mark Basso DID express his view on a phone call with a...

  1. 490 Posts.
    Zin.... Mark Basso DID express his view on a phone call with a very good friend of mine (also EER Shareholder)..
    Asked what his thoughts were regarding EER's PRESENT valuation, Mark, with a laugh (and obviously very happy sounding)replied: Well, if an Indian or Chinese Company walks into my office, with a fat cheque book, ready for business, well then, I will value EER -as it is now- at between $250 million and $450 million...
    Of-course, mr Basso's valuation of EER was a spontaneous reply and came without a very comprehensive analysis of EER's Assets and Value.... Nevertheless, it was HIS Valuation I relied upon making (very conservatively) my own $1,50 per Share calculation....

    Having saying that, I thoroughly agree with your (and others) comparison and ultimate Valuation of EER at around $1,50, as it stands now....

    Cheers:)))

 
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