Landing Zone Certainly worth $3.00+ US. Likely $4US or more.
Rio has done a fantastic job of doing minimal exploration on this property. I don't expect they will make a concerted effort of actual resource evaluation until they have moved the minority shareholders to the side. Price wise I will support whatever HCU recommends as they are in the business of landing on what properties are worth.
I believe the current price of ETG does not even come close to what the stock is worth. Lift 2 depth is open and unknown. Length is also unknown. Never mind Heruga and the 100% owned properties in the vicinity.
one thing seems obvious. - there is a lot more ore here than the eye.