Update of tables to today's date..Take from post...

Update of tables to today's date.
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Take from post https://hotcopper.com.au/posts/70882538/single

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Gryphon well should start production in early December 2023
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From table can see after one year of Gryphon well initial production i.e. around December 2024 SHE should have 21 million in current assets (mostly cash) or 24 million if we they take advantage of their tax losses carried forward.
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21 million equates to a share price of 3.1 cents or 190% of its current share price of 1.6 cents
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These figures are assuming they do no more investments or exploration and have a P/E ratio of zero.

if they have a P/E ratio of 4 at that time ,then can expect share price to reach around 9 cents or around
570% of its current share price.
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The P/E ratio for the sector is 8.26 so a ratio of 4 is not unreasonable.
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Even being super conservative where P/E ratio is zero then should see a rise over around 190%.
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Caveat: I am a amateur investor who does this for fun.
Do your own research.