COI comet ridge limited

sorry mate typing on the mobile what i was trying to write was i...

  1. 2,781 Posts.
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    sorry mate typing on the mobile what i was trying to write was i dont use the multiple and apply it to the 2P and 2C resources of COI.Majority of WGO resources were 2p (90%) so the multiple should be on the 2P resources. 422PJ (211PJ Warregoshare) and a gross 2C Contingent Resource of 30PJ (15PJ Warregoshare). I personally wouldn't apply that multiple across the 2P and 2c and if i did i would discount the 2C heavily.as i said this just a crude measure based on previous M&A. east coast gas prices are higher than west coast so multiples should be higher. I have also modelled full field development for their JV assets and wholly owned assets. There is many ways to skin a cat and many variables which can be flexed to give you an outcome that suits your bias. For me a valuation between 30-40 for where they are at makes sense, that aligns with the broker reports i read.
 
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(20min delay)
Last
14.5¢
Change
0.000(0.00%)
Mkt cap ! $173.4M
Open High Low Value Volume
14.5¢ 14.5¢ 14.0¢ $78.80K 546.2K

Buyers (Bids)

No. Vol. Price($)
4 195752 14.0¢
 

Sellers (Offers)

Price($) Vol. No.
14.5¢ 126631 3
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Last trade - 16.10pm 30/07/2025 (20 minute delay) ?
COI (ASX) Chart
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