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Agree - could easily support a MC of $50-75M with what they have...

  1. doyle
    1,560 Posts.
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    10/11/22
    09:39
    Post #: 64686050
    Agree - could easily support a MC of $50-75M with what they have already.

    With drilling results due and an updated JORC, value will increase considerably (assuming all is positive).

    If we move to 80% ownership - further value increase again

    Very thin supply

    Doyle
    PBL Price at posting: 60.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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