AZZ up 91% on LOI for $300m sale of permian assets.
Thats about $9200/acre.
If we put that amount on GGP's acreage, thats around $50m or 1c SP.
BUT, i don't think it is that simple, as AZZ are producing over 2000 boepd from their PB leases, however it goes to show, that 0.001 SP for GGP is undervalued IMHO.
thank you - thank you - thank you, page-46
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