JPR 0.00% 2.6¢ jupiter energy limited

biodeisel announcement out, page-3

  1. 7,611 Posts.
    Excellent announcement , basically doubling market cap overnight ... I can understand you sitting out Bundy , and you sell out The Analyser , there are risks after all ,, but if you compare this project to MBT (and they are very similar in almost every way) which is capt at $125m , then you can easily see how the IPO should be supported and therefore 25c fair value now for JPR not counting the residual shell which should hold $5m cash and trade around 5c ..... until a 'deal' (oink oink) is backed into it ... So fair value 25~30c NOW..imo.
    SALTY
 
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