hey, I made that valuation when I was young and stupid. it is a back of envelop calculation based on resources and reserves It's not worth the paper it is printed on. It doesn't matter how big the resource is, if you can't get it out of the ground it is worthless I didn't factor in Mirrar approval part of the decline in price is based on uncertainty about whether or not the local aboriginal community will give the project the go ahead Sorry if anyone was misled. If anything I have misled myself I have lost a lot.
ERA Price at posting:
$3.53 Sentiment: None Disclosure: Held
