ACN acer energy limited

independent expert

  1. 61 Posts.
    lightbulb Created with Sketch. 10
    I've often thought of these independent experts as more like "Biased Sycophants". But not these risc blokes, i am sure they have done their homework.

    Yes, Flax worth ~$2 million. In print for posterity.

    And 37.5% of PEL 182 at high risked value is worth as much as $11.9 million, only days before Senex pay $5 million for 5% valuing our stake on a look through basis at $37.5 million. Only about 3.3 times out at the high side or 9 times out ($4 mill) on the low side valuation. Reasonable margin for error I guess.

    And those crazy non-professional biased fools at Drillsearch are prepared to ignore the "unbiased experts" and pay close to full assessed value !

    Perhaps with time we will be able to assess for ourselves which parties involved in this deal were independent and who were the experts ?
 
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