Pulling what figures
On a 1.3TCF discovery that alone is a 900 million dollar valuation
On a 4TCF discovery which is on the bag come commercial flow which is exactly what Mobil predicted years ago it is a 2-3 million dollar market cap
That’s not including the remaining potential of the basin which they will know shortly from 3D and where the biggest gas deposits are and like EN1 which was offshore gas sold 25 percent of its basin for 6 billion dollar AUD on a 4TCF appraised and upside potential in the basin
It’s a given what’s coming and it’s not numbers pulled out of my ass it’s fact. 100 million dollar EV with 35 million in cash laughable and plain stupid
Ann: Invictus Energy Entitlement Rights Offer Opens, page-314
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