ok ill be honest usually i wont touch plays with billions on issue... but I have been slowly buying NWEOBs for a little bit...
mainly due to
1.the sentiment in the perth basin, and its track record
2.overall sentiment in commoditys
3. MIN have about 16% of the co (was 19% but diluted)
so while I might say today is not the buying day and I think you may be able to get cheaper... on the other hand it may just continue its re rate...
IMO atm fair value is somewhere around 40-50mil... and that goes much higher as 2021 progresses...
target of 250odd + pending what happens...
anyway im on leave next week so ill catch ya starting the 18th..
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