That is an extremely stupid comment Khop, but not entirely unexpected from you. In my base case, I had it as worth $1M. I also stated that STX valued it at zero. I get why they binned it, at the current drilling rates, it would be a 2035 project at the earliest. If I use OH as a comparison, 5 years of ownership and still no 3D.
Ann: 2Q FY24 Quarterly Report & Appendix 5B, page-10
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Mkt cap ! $572.1M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.0¢ | 19.0¢ | $623.6K | 3.192M |
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| No. | Vol. | Price($) |
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|---|---|---|
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