GLL 0.00% 1.4¢ galilee energy limited

market value seems low

  1. 178 Posts.
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    Mkt Cap value = $27m as per Comsec
    Qrtly report shows $11m cash
    Leaves $16m for assett values.
    NZ assetts???

    Aus assetts...ATP529P is subject to a JV with AGL who are paying/spending on exploration and amount of $37M to own 50% of ATP 529P.

    GLL own ATP 799P located close by.

    Seems a pretty cheap buy at the moment....anyone like to comment..I'm a holder
 
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