Comparison of EUR with spodumene peers:. EV/ton of LCE resource for EUR - A$ 337,
for LLL, DFS stage, deposit in Mali, - А$ 298,
for RDT, Maiden JORC, deposit in Australia, - A$ 393,
for ESS, Maiden JORC, deposit in Australia, - A$ 394.
So, Australian explorers before Scoping Study are valued higher than EUR, which is at least 5 years ahead of Australian peers.
EUR EV/Resource is only 10% higher that the multiple of African peer.
So EUR is massively undervalued, as well as other European peers.
Comparison of EUR with spodumene peers:. EV/ton of LCE resource...
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