ERL
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16.7% 0.3¢ empire resources limited

Ann: Penny's Find Gold Mine Bankable Feasibility Study Completed-ERL.AX, page-25

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  1. chrisk90
    913 Posts.
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    04/08/16
    10:53
    Post #: 18441995
    7.6m undiscounted, so subtract 40%


    But true value with current pog trend 1760-1800 add an extra 4mill roughly at this point, gold still has more to run, as the banking system delves further into negative territory in an effort to stimulate economies.

    8-10m is my conservative target.
    ERL Price at posting: 2.7¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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0.3¢ 		Change
-0.001(16.7%) 		Mkt cap ! $3.709M
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