FUT future corporation australia limited
Add to My Watchlist 0.00% ! 1.4¢

1 csg project worth $525mn vs $20mn mkt cap

  1. followme
    9,188 Posts.
    clock Created with Sketch.
    29/09/09
    10:50
    Post #: 5706480
    http://www.asx.com.au/asxpdf/20090929/pdf/31kzrs3qw5jgkc.pdf

    Page 6 & 12.


    - "70% interest in highly prospective Gardanne CSM Project... worth A$525mn"!!

    - "Two other attractive European CSM Projects"


    Shares on issue (page 3): 2,236mn

    Mkt Cap (@$0.009): 2,236mn * 0.009 = $20.124mn = $20mn


    Garganne A$525mn value on a PER SHARE BASIS:

    = A$525mn/2,236mn

    = $0.235 CENTS PER SHARE


    CURRENT SHARES PRICE = $0.009 CENTS PER SHARE


    ie, 26 BAGGER ON 1 SINGLE FRENCH COAL SEAM GAS PROJECT ALONE!!!


    Got to love the upside!




    Regards,
    followme
    FUT Price at posting: 0.9¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Ausgold set to commence extensive multi-rig drilling campaign at Katanning
right-arrow Created with Sketch.
NEWS CLEO receives positive FDA feedback supporting ovarian cancer test pathway
right-arrow Created with Sketch.
3DA Amaero’s big move: Exclusive deal, big targets, and a lot on the line
right-arrow Created with Sketch.
FBM Assays confirm strong gold anomalism at Canyon within Miriam Project
right-arrow Created with Sketch.
NEWS Gateway acquires interest in strategic Glenburgh South Gold Project in WA
right-arrow Created with Sketch.
NEWS Where the Australian property market resurgence is heading and why it matters now
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.