Share Price-If the pilot plant continues to work successfully with numbers similar to the initial numbers and based on the PEA E3 should trade between 60-70% of its NAV which is 1.12 Billion U.S. or about 1.5 Billion Canadian. Based on a float of approximately 70,000,000 shares that would put the share price to the $12.85 to $15.00 Canadian range .
When the PFS comes out the NAV will substantially increase and in turn the share price will increase .
With respectable off take agreements the share price could trade at NAV or sometimes more.
-E3 is SIGNIFICANTLY UNDERVALUED.
-DYOc