I agree but till we get 2P reserves and timelines to productions hard to give it higher valuations ..Cuba risks etc ....and I'm sure for many of us if we had say 25c offer going be hard to not take it up for me its well over 300k profit... that's a good week
Guess same reason why we see an Aussie Gold Producer worth 1.8bill but IMHO very undervalued Ghana TSX listed producer valued at only $400mill ..and the latter has a forward production profile + reserves only 10-15% less than could easier grow this year
If Alameda-Bock 9 was located in Aussie we would already be 700-800mill cap
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- Cuba Block 9: Alameda-3 Drilling Update 29 February 2024
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