Sorry about that, I forgot to include the fact that our share (the listed entity) of the NPV is $173M This would bring a per share valuation to around 8 cents (again, not factoring in the 80% at all which would give it heaps of upside)
Also remember, this project is at the de-risked stage and its known additional resource of a further 80% will see this mine operating for generations
EQR Price at posting:
5.1¢ Sentiment: Buy Disclosure: Held
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