RE:RE:Centamin is overpriced Hmmm... I need to correct myself: I see that profts on the 490koz are shared 50:50 with the Egyptian government.
That does paint a somewhat different picture: value for EDV shareholders does look more questionable, though CEY has 7.25Moz of reserves at Sukari, within 15.7Moz of total M&I resources across various projects.
Need also to take into account the US$289m of cash that comes with CEY, in assessing value for EDV shareholders.