Ann: HyEnergy Meteorological Mast Operational, page-39

Fair enough @Venge, I for one hope this project gets up (I think you mean PRL rather than GH2). If it does, then in the long run yes 7.5c ($87M) will eventually be considered cheap. I supposed it depends on one's timeframes and yours are clearly far out enough to not have to worry too much in the meantime. For those with shorter timeframes (~1-3 years) then it's probably a different conversation, hence the need (IMO) even at this stage to have some sort of valuation in place... but how to do it remains the difficult part. I'm not a Next Investor fan but to their credit post the SS they did try to cobble some figures together. That's as close as I've seen anywhere though. Cheers