Took some profit a while back but still hold most of mine. Valuations are more likely to be on cashflow rather than reserves, and the scenarios are pretty exciting. I agree with your price based almost entirely on what they already have proven, but it is not hard to imagine at least a couple more Hoveas out there, and what that would do.
They may even drill at least one of these prospects very soon after Hovea 4.
Took some profit a while back but still hold most of mine....
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15.5¢ |
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Mkt cap ! $48.44M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15843 | 15.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 2095242 | 29 |
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