ARL 5.21% 45.5¢ ardea resources limited

Ann: Ardea KNP Goongarrie Hub MOU with Japanese Consortium, page-31

  1. 3,323 Posts.
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    Hi Chris
    So to answer toddsen question conservatively, you are saying

    Post tax $5 Billion x 0.2 = $1 Billion post tax NPV now.
    Current Market Capitalisation today +- $114,310,023

    $1 Billion divided by $114,310,023 = 8.7 times +- undervalued

    Congratulations to all Ardea shareholders, this is just the beginning of good times IMO
    RED

 
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