bnd at $1,5 billion!!! eer???, page-36

zinvestor,
some contract views were not bad, at least explain why sp still stay at current level.

The intrinsic value of EER is much higher than $350m, personally, realistic value for EER in short-term and medium term will be over $500m.

A lot of coal explorers at very early stage, announced acquisition of coal licences or essay results, and their sp were double in a single day, market caps were in the range of $50m and $100m.

By contrast, EER has huge JORC-compliant resource and tight share registry.
Noble Group holds a big stake of 30.46%.
Noble Group also holds a stake of 8% of AKM, fully diluted around 5.5%.

zinvestor, I am a strong EER-believer as you are.
I also believe, this investment is likely to easily beat Buffett's 26% compound annual return.