independant valuation of avd

discounted cashflow valuation by independant 3rd party
Future net revenue(discounted) AU$34m
significantly imo this figure ascribes no value to the Motherlode 3 asset, the Barnett shale (which could be huge) or 2x recently completed successfully wells.

Explains why Co bankers were recently inclined to significantly increase the credit limit and terms on their borrowing facility.

Shows to me the real value locked in these assets that, as per the AVD model, are the key to the future success and leveraging up into bigger deals, via the profitable turnover of these properties (when appropriate).

Energy prices continue to soar. Yes AVD sp is lagging, simply highlights (to me)that this situation cannot continue for much longer and that at 10c this Co is seriously undervalued.
The turnover of some assets, capital raising and perhaps a deal in the Barnett shale should see this Co re-energised and re-rated later this year.

I'll be taking my entitlement no worries, there a steal at this price.

Colonnade what are your thoughts on future developments for AVD ?



Lassatter