GUf valued at $440m with a maiden inferred jorc of 925.8 Mt of...

GUf valued at $440m with a maiden inferred jorc of 925.8 Mt of thermal coal at depths ranging between 350m and 595m.

EER valued at $44m with 1.2bt jorc in indicated and inferred of thermal coal at depths raging from 12m to 80m -with resource upgrade due any day now.

shows how undervalued EER is...

even if half the $440 is for the Hughenden Project project or $220m it gives it a in situ value of 24c.

Give EER 50% discount = 12c x 1.2bt = $144m or over 85c per share - with resource to come...

this is to cheap...

DYOR