NES vs ROG ROG being dicounted for 1.7m ounces
NES being discounted for 3m ounces and take over opportunity
ROG 127m shares out
NES 117m shares out
NES $2.65 market cap $303m
ROG $.91c market cap $116m
It will only be a matter of a short time that ROG will show 3m ounces and Oliver will generate the interest in the takeover. Watch what NES is taken out at and it will be a rough guideline even though they are in different countries. Both have positive cash positions. Back of napkin math for sure but always works for me. JMO