General chit chat thread., page-2434

Will be thrilling to find out!

K1's report (commissioned by EXR) from July this year estimated us at 0.45c a share (912 mill shares at the time), derived from a company valuation at $500,000,000 based on 2U and 2C risked gas resource value (of gas amounts prior to July) for Nomgon alone ($406 milly) and Grandis tight gas ($68mill) & FTMC ($27 mill)

This was before the recent "hey Santos- we might actually have more gas at Grandis than originally thought" and of course excludes any further Nomgon increase let alone any BS and Yangir quantities....AND totally excludes any Gobi H20 project value.

With increased dilution to 1.12billion shares or whatever it is, equates (at $500mill risked gas resource value) it's 0.446c a share.

I'm looking forward to;
a) getting to that market cap level
b) zooming way past it





https://elixirenergy.com.au/research/