If you read the presentation that came with their last brr they state that on a P90 basis (i.e. proved or proven - the lowest figure, or the amount that the geologists are 90% sure is there) their CBM prospective resources could be worth $160/share (undiluted)...makes for a good upside vs. downside equation.
Cheers
SBC
does ctp have over a trillion tons of coal., page-2
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| Open | High | Low | Value | Volume |
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