I thought I would dwell upon something that might cheer me up.
Six months ago we got our reserves valuation, which indicated an NPV of US$170M A goodly sum and one that would value us towards 5x our current share price.
now since then Continental have carried out a big drilling programme which , as I understand it, has been highly successful in showing the optimal way to exploit Swish reserves.
Our valuation preceded these results, so my question to myself is: Has our valuation increased muchly because our contiguous blocks have now become highly strategic to Continental and additionally, if developed using Continentals methodology be more productive, ie more valuable.
anyway, whatever, our market cap has gotta be worth more than 54m aud.
Well that cheered me up a little
Banter and General Comments .. BRK, page-10385
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Last
1.2¢ |
Change
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Mkt cap ! $57.27M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.2¢ | $54.57K | 4.547M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 2182919 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 21226690 | 26 |
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