- Nearby land valuation at $17-21k base price undeveloped have us at 6.6c a share excluding asstes outside PB. Production based valuation is a whole new ball game
- Valuation as a result os first 5 well results ( or at least 4
- JV/Asset sales will establish core value of our assets, and potentially see a value rerat
- Horizontal drill result through March will be a potentially large price trigger if successful
Near term - Down
- SPP share dump as commence over the last week
- A dilutionary conerstone style investment that pushes shareholders to one side
I am happy with the potential, but must admit very nervous re my oppies. Just feel August is goning to be a couple of months short
Time will tell I guess
GGP Price at posting:
1.9¢ Sentiment: None Disclosure: Held