$180 million USD valuation for assets as per CPR report in January.
thats approx $260 mill AUD
takeover interest should be around here.
but lets say half that as worst case scenario/starting point of negotiations that’s $130 mill AUD = 10/11c per share.
current sp 2.5c
4 bagger minimum up to 8 bagger.
buying in the 2-4c range, absolute no brainer and easy money !!
