GREY:EMPGF - Post by User
Post by
mewbuddyon Mar 17, 2014 4:17pm
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Post# 22333077
a comparable peer ICP.TO
a comparable peer ICP.TOICP NPV 1.018B IRR 17.8%. MARKET CAP TO NPV IS CLOSE TO 5%
EPK NPV 967M IRR 24% MARKET CAP TO NPV IS 1.46%.
Both project in USA. both SOP. EPK has a little lower NPV but much higher IRR. right now EPK is less than 1/3 ICP's Market cap to NPV. needless to say EPK is much more undervalued compare to ICP. if EPK is also valued 5% to NPV then we should be trading around 40cents.
Don't forget TATA chemical which hold 26% of EPK. ICP doesn't have such strategic partner.
glad Danny also like it. we should see some major runup shortly. don't flip!