My 2 cents
I don't think anyone can put a valuation on this discovery including the Company.
- no size of reservoir
- no flow rates
- no path to commercialization, yet.
But compared to my other investments in gas which governments and superfunds avoid here we have a nice green discovery.
- Maybe we are eligible for Government support to
- Build a pilot plant (South Australia and Federal)
- R&D grants for this field (Federal)
- US Government grants under the inflation act
I have put a toe in the water and am looking forward to an interesting ride.
I have no idea what this company is worth, just in it for fun.
My 2 centsI don't think anyone can put a valuation on this...
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