Excellent - Many thanks.
TBH - Can't fault your numbers. Recovery is conservative (that 5% number has been mentioned several times, and I suspect that McDaniels will default to it as well). I think Evolution Capital had a Prospective Resource for the upper units of 103mmbbl, and if you are coming in closer to the 392mmbbl mark, the Block 9 valuation of 19 cents per share will increase markedly. And that's excluding the main game (A3).
Just a matter of picking an entry point for some, and then waiting a bit. News soon.
Kit.
Ann: Notification regarding unquoted securities - MAY, page-179
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Mkt cap ! $87.62M | |||
| Open | High | Low | Value | Volume |
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| Price($) | Vol. | No. |
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