Edison Evaluation in 2018Edison used $1250 us gold price and $3.01 us copper price in 2018
Today gold is at $2360 us and copper is at $4.31 us
That is a gold increase of 88% and a copper increase of 43%.
Edison valued etg at $3.18 us ($4.46 C) in 2018
With todays metals prices and using Edisons engineering estimates ETG could be worth about 55% more today than in 2018.
Estimate of $4.93US and $6.79 C.
It is likely copper (according to Goldman S) is going to at least $6.00 this year.
This would put etg value well north of $5.00 us.
Folks clearly don't realize the value in OT.
Rock