Ok here is my summary,
We hold around 2,000 acres in total and based on previous sales it would have to be worth at least $30mil US. We are earning a lot of revenue from wells currently - will blow last years revenue out of the water. Even if we sold everything up now, we would come out with $30mil AUD after repaying debt. Casey capital have got shares at 1.7 - they are not stupid. I know the oil price is effecting sentiment atm - so I hope the oil price can be restored but the long term value here is significant. I would say based on above we should be in the 3-5c range.
Ok here is my summary, We hold around 2,000 acres in total and...
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