I would not be able to assess from available technicals which company has the more "valuable" part of the Goldwyer and by what percentage. But IMHO it does look like BRU is sitting on a larger oil-rich area.
Look at this way - BRU has 50% of project versus NSE's 25% but NSE has the very experienced Conoco as partner. BRU has a current market capitalisation in excess of 3X that of NSE. It looks like the market has probably taken the "difference" into account already. So in terms of upside potential from here, NSE could well be the better performer - that's what the issue is really about - right?
As the saying goes - only time will tell!
And thanks for your contribution - some forums can get hijacked or a touch too claustrophobic!
Cheers, GB
- Forums
- ASX - By Stock
- NSE
- where has everyone gone?
where has everyone gone?, page-53
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)