CE1 0.00% 0.9¢ calima energy limited

Interesting given Euroz put value @15c!! "that Calima’s ability...

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    Interesting given Euroz put value @15c!!

    "that Calima’s ability to secure the private placement had brought the effective valuation of the company’s acreage more in line with the current market rates of CAD$2500 to CAD$5500 per acre.

    According to Euroz, this gives Calima an implied enterprise value of between $190m to $360m, well in excess of its current enterprise value of about $55m.

    As a result, Euroz has set a price target for Calima at 15c a share, nearly three times its current price."
 
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