Also, to recap the potential value of EUR from the merger alone:...

Also, to recap the potential value of EUR from the merger alone:

On current exchange rates, EUR will be a $A1.05bn valuation ($US750m) divided by ~1.6bn shares. Thats 66c/share. Add the $A220m cash on hand, $A1.270bn divided by 1.6bn shares. Thats 80c/ share.'

This doesn't factor in any upside from the DFS NPV which is scheduled for release by end of March, this could be in the range of US$1.5bn, or A$2.1bn, which could almost double the EUR sp valuation, but let's see

All in my opinion of course, DYOR.

Good luck to all holders.