EER's current market cap: $98m
$0.64 x 166m = $106m
Less: cash estimated ($8)
Valuation per ton: $98m / 1.2b = $0.08/t
As zinvestor's quoted report:
For Inferred resource: $0.30/t
That will be 267% higher than current valuation,
being around $2.20 per share for EER.
EER's resource will be updated to indicated within two weeks. That will double the valuation as zinvestor's quoted report.
Huge volume today will definitely show the investors buying into EER. Won't worry US market performance, nuclear crisis and coal is increasingly demanding. EER will continue flying.
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