Suppose the raise now out of the way and you will only get what the instos valued this at the time and what was in front of them and that is a project in its infancy with a batch of promising results thus far. Remember these guys do this for a living and they would have had a value that they were happy to raise at however stiffed us retail feel that's life. Now we are cashed up they really should go hard at it on drilling multiple rigs and ramp up testing to get to a maiden MRE /JORC compliant resource that will show the worth of what's in the ground. Lots of fancy numbers posted up on forward looking numbers on these threads and the price ran with it until it didn't. Still looks a resource of great promise but lots to future proof that and that's time and patience needed. Something most traders/investors lack at different times.
PTR Price at posting:
27.0¢ Sentiment: Buy Disclosure: Held
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