EMN 0.00% 6.9¢ euro manganese inc

Ann: EMN to Complete Buy Back of 1.2% NSR in Chvaletice, page-2

  1. 124 Posts.
    lightbulb Created with Sketch. 99
    This is a hugely value accretive deal: c+15% on equity (!)
    The royalty buyback adds cUSD30m to published NPV of the project. We are at less than USD120m market cap.…
    This stock is wildly undervalued, given where Mn prices are.
    Clear backing by EU via EBRD (EU institution) stake. This is also a vote of confidence on the politics of the country post elections.
    BUY
 
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