At 10c we would not be a penny stock and our market cap would be ~$500 million . We literally would be in a different league so I agree, the " need' for a consolidation would possibly be mute.
In all honesty, a $500 million market cap on the current asset base would place the company in significantly overvalued territory, considering our major asset has an NPV10 of US$170 million which was based on a higher average oil and gas price.
However, in terms of the next BRK iteration, (where the prospecting for assets would be backed by a significantly larger capital base) , a target MC of $500 million based on an asset base of that magnitude could be a distinct possibility..... but we have a bit of a journey ahead to that place, considering we haven't monetized SWISH yet.
cheers
Dan
Ann: Update - Notification of buy-back - BRK, page-68
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| Open | High | Low | Value | Volume |
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| Price($) | Vol. | No. |
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