RE:RE:eag=sa (almost) in share priceThe market seems to be saying that EAG is worth 11 cents/share(vs 7.5 cents) now that the deal has gone thru and new management is in place at EAG.
Why is SA share price not reacting to the market?
Kevin did some number crunching a couple weeks ago with SA at 13.5 cents and EAG at 7.5 cents.
Lombok was worth 3.6 cents per oz gold equivalent and EAG $20.49/ oz at 7.5 cents /share.
It seems the market is saying that Lombok is now worth roughly half a cent per share with EAG remaining at $20.49/oz if my quick math is correct.
https://www.grahamanalytics.com/CompanyFiles/SA/SA_book/risk_assessment/West_Lombok_Eagle_Hill_and_the_Market.html