It would be interesting if they assigned a risk value to pel 182
like 0.05 or something
Then you could calculate something like added MCap=(theoretical well head value)x0.33x0.05
It will be something like 0.05 or even 0.04, so that is why some of the valuations here don't make sense
Tino said as well that we would be mining the first 1000BCF
Hopefully the report explains some of this.
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- Ann: Operations Update - July 2024
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