Its determined by petsec not a third party. Its last valuation on the undeveloped field was valued at .02 cents by taylor collison and by redleaf securities for .06 cents now petsec value it at $2.00.
Get ready for a capital raise.
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- Ann: Petsec Energy Ltd Investor Presentation May 2018
Ann: Petsec Energy Ltd Investor Presentation May 2018, page-14
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