I know this is not exactly how it works, but if we were to receive the whole $56m, based on the current SOI and repaying the total 8.7m in financing debt, the estimated SP should be around $0.035 for a MC of 45m. Quite a bit of blue sky there. Even if a portion of it were awarded it'd be pretty great for a small cap to have 20m in the bank.
I took a 1m stake at 0.007 this morning - thought it's an 80/20 win/lose and 40/60 full amount/lesser amount chance. Will be pretty please if we get the full amount.
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- Ann: Lodgement of Euros 34.35 Claim in Pau Tribunal
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