GGP 0.00% 0.6¢ golden gate petroleum ltd

entitlement issue prospectus, page-154

  1. 2,472 Posts.
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    Hi guys, land valuations will play the biggest role in a how the company is priced in the medium term...
    Flow rates from the the first few wells combined with estimated reserves will provide the final numbers needed for a valuation to be completed...
    Once proven, then we can start to throw around some $ per acre estimates which I am sure the fa's are itching to type into their calculators...
    Since holding ggp I have seen acre estimates from $2500 per acre to $35000 per acre...
    Will be interesting to see where we sit in a months time...
 
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Currently unlisted public company.

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