towie...as things stand at present I think our market cap (once level pegging with equivalent peers) should put us somewhere between 25 - 35c.
I use WHE as our yardstick given they have similar business plans and both are in the U.S. Their sp if they had the same number of shares as BLR would be approx. 28c. We are 19.5c
It will take an excellent announcement on Taylor Ranch and other projects in the coming months for us to achieve 50c.
To achieve $1? Well if future acquisitions that are being negotiated come off and are very promising then I would suggest maye $1 within the next 1-2 years. This assumption includes the U price continuing to climb.
Just my opinion.
BLR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held