BUL blue energy limited

annoucement out csg reserves, page-16

  1. 2,670 Posts.
    lightbulb Created with Sketch. 17
    then halve that figure gasman for dilution due to development and then halve again to de-risk.

    That's being very very very crude of course.

    You still come out at a market cap though of around $300m.

    In today's climate, I'm happy with the valuation at this point in time. Let the results speak for themselves and they will do the rest of the legwork.

    Bottom draw stock for sure.

    cheers.

 
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