Absa, I'm sure the prices you quoted could well be right; it'll be a frenzied selling session first up for sure, unless some details are released that engender some enthusiasm in the meantime. However, my question was perhaps poorly worded. I was interested in what your personal valuation per share is, rather than what you think the price may fall to or settle at. Whilst I roughly agree with your settling price I personally rate the company much higher. Let's face it, 12-14c would be realistic for a tin-pot explorer with no hope of an income for many years, but for BSM? I don't think so. Which brings me back to my argument of earlier today...
is the current management ok?, page-14
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