So what is epe worth based on what we know?
They have around $5mil in the bank and will probably burn around $2mil per quarter.
25 % share of Smegsy seems pretty modest,so what value/cash flow can we expect from their share of Yellowbank?
Too early to tell?
Potentially enough to justify the current shareprice?
Comments appreciated
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EPE
enterprise energy limited
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Dr Michael Thurn, CEO & MD
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