LoveCCE,
Please don't look for intact hairs to split.
Once and for all, I put Bass,Artemis,Caterina,other WA and NZ greenfields exploration all in exactly the same category for valuation. All nice to have, but regardless of the varying stages of exploration maturity none offer anything that I'd put a tangible value on (with possible exception that I might apply a farmout value to Artemis, which might be worth a cent or 2 ps).
If you want me to be pedantic, I should have said I ignored Artemis from a tangible perspective, but saw it as an attractive part of the attractive WA exploration potential.
In taking my blue sky value adverse approach I still look closely at the exploration potential of alternate possibly investments, and something with CUE's potential wins over something like PPP (which I hold a few of from yonks back) that has to chase farmins for growth.
EL
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11 | 781953 | 0.100 |
1 | 2 | 0.098 |
1 | 103000 | 0.097 |
1 | 18000 | 0.096 |
Price($) | Vol. | No. |
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0.110 | 759708 | 14 |
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