Duuuuude...
I appreciate the enthusiasm. But as you are on Reddit, I know you have seen the Prof's valuations and SP predictions.
Once we have booked the reserves for the 3 DSU's we would be valued at under 0.20. We can then monetize these assets by flogging off the acreage. As Dan as said, we can either flog them all off and have a cash box with a proven business model. Or we can either flog the Sycamore or Woodford and drill out the one we keep. I call this Phase 1.
My preference: flog the lot; special divvie to holders; cash box to go around again with our proven business model but at a much bigger scale. This is Phase 2+.
Phase 1 will not make anyone with less than 1m shares "rich". But a bloody good return for all LT holders.
Baby steps Pastry. Baby steps.
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1.0¢ |
Change
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Mkt cap ! $47.72M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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42 | 27041366 | 0.9¢ |
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Price($) | Vol. | No. |
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1.0¢ | 13243503 | 15 |
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42 | 27041366 | 0.009 |
26 | 17760321 | 0.008 |
9 | 4326571 | 0.007 |
6 | 2421677 | 0.006 |
7 | 2758000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 13243503 | 15 |
0.011 | 50108658 | 48 |
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