re: new taiton..whats it worth hi mick
whats New Taiton worth too ADI...
firstly, we could have changes in the percentages that ADI have for example..
currently 25%, but if Mueller (farmor) want in after drilling completed percentage will drop to 20%.
plus the fact they say possible resource between 40-100bcf
so i see a value per share for ADI's New Taiton Prospect up wards of 35cents per share with a possible 75cents per share..
lets hope drilling starts shortly, it would be a nice earner if it's successful. especially with xmas on the way..
as usual DYOR figures & research
regards
regards
new taiton, page-2
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