Hi Chris
So to answer toddsen question conservatively, you are saying
Post tax $5 Billion x 0.2 = $1 Billion post tax NPV now.
Current Market Capitalisation today +- $114,310,023
$1 Billion divided by $114,310,023 = 8.7 times +- undervalued
Congratulations to all Ardea shareholders, this is just the beginning of good times IMO
RED
Ann: Ardea KNP Goongarrie Hub MOU with Japanese Consortium, page-31
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