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ENERGIZER RESOURCES INC T.EGZ

"Energizer Resources Inc is an exploration stage company. It is engaged in the advancement of the Molo Graphite Project, consisting of a commercially minable graphite deposit situated in the African country of Madagascar."


TSX:EGZ - Post by User

Comment by Doingmybeston Aug 19, 2013 11:19am
423 Views
Post# 21680740

RE:Price?

RE:Price?Tough call to guess on price right now. The last NPV was around 420 million, but we know that is going to go up with 99.9% C and a higher amount of jumbo flake than previously recordered. 

One thing to remember, EGZ has nearly 200 million shares in circulation. ZEN and NGC are sitting around 50 million. The market cap for EGZ is 45 million right now, which is more than NGC. 

This is undervalued. 420 million/200 million = $2.10/share in current value. Should that go up, those numbers should go up. Not sure I buy that politics are offering a 90% discount. 
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