Nothing has been priced into the Wheastone or Ichthys Gas Projects
Two years ago after the release of the Gorgon Project FID announcement Mermaid's share price soared to more than $3.20
If you think that Mermaid Marine Australia is the same company as it was 2 years ago, I have news for you buddy, it is not
The share price has not been factored in for Wheastone
The share price has not been factored in for Prelude
The share price has not been factored in for Ichthys
The share price has not been factored in for the new supply base it has purchased to increase the size of its Dampier SB by 60 percent
If you can say to me the true value of this company is below $3, I believe you need to re-evaluate and do some further research
The above comments are my own opinion based on research freely available and should not be taken to offend anyone personally
Nothing has been priced into the Wheastone or Ichthys Gas...
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