ridiculously undervaluedELEF develops 3 projects at the beginning of bull market cycle ( next 8-10 years)
silver in Bolivia: M&I 204m oz ag eq ( PFS -2021, EIS - 2022, NPV- $800m ( est.) 26$oz Ag),
nickel in Canada, M&I 700m lbs. ( EIS - 2021, PFS - 2022, NPV - $1,5b (est.) , 10$ lbs Ni)
vanadium in US, M&I 220m lbs ( EIS -2021, PEA & FS - 2021, NPV - $650m ( est.), 10$ lbs V2O5)
current mc - $50m
i guess after spin-out each company will be valued at least $100m (conservative)