mudguts ( I mean that in a nice way lol )
I purposely used a low PE of 8.63 as I did not want to look to be intentionally overvaluing " Ramping " the BLR.
The 8.63 is specific to the market Sector Average - Materials Sector, to which BLR currently resides. P.S. BLR (Uranium & Coal) should be listed as Energy, why it's not is questionable.
You mentioned ERA Trades at a PE of 22.53 ????
( Using an EP of 22.53 would place a value on BLR at around 39 Cents )
to which in this current market environment IMO: not plausible. That is the reason why I've used a more modest 8.63 materials sector PE.
( Using an Energy sector EP of 17.40 would place a value on BLR at around 30 Cents )
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