CE1 0.00% 0.9¢ calima energy limited

Valuation Metrics to consider, page-9

  1. 8,000 Posts.
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    2.5 cents was assuming $ 350 an acre which was the lowest valuation in one of your examples. I agree it's a free hit with the drilling at these levels. management might entertain arguments about whether they can transact at $2,500 or $5,500 , but not a lot lower , but the drilling will tell the story.

    YES, they are set up to do the month+ flow testing. we are investing $25 million remember , but we should get early indications well before then.

    all going well end of Q2 is hopefully when a transaction can be put together.
 
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