A Bank that has a growing balance sheet, because it is successful in the field.
Good business operations, cash flows will ultimately be rewarded to holders.
23.5m cash at present, growing every day. (+7.5m free cash flow last Q => 30m PA?.)
Next to a 50m mc.
How long until it has 50m+ cash in the bank ? Through either oil sales, or monetisation ?
$254m NPV.
You can bet on a horse running to that finish line, base on its track performance.
How long until that horse says its saddle bags are full of cash for the same price you pay for it today ?
And then keep running on that same track ?
A Bank that has a growing balance sheet, because it is...
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Mkt cap ! $47.72M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
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| 42 | 27041366 | 0.9¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 13243503 | 15 |
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