if I didn't believe that this would be multi dollars per share in success case not a chance I would be invested. With a ~15% chance of success for each horizon, you need an almighty big upside to get to an attractive risk reward ratio. Looking at what other companies get valued at / taken over at, $500m per TCF is not a stretch. Find even 1/4 of the prospective resource and we are a 1.5-2b company comfortably. But maybe I am one of the long term holder newbies.....
IVZ Share Price, page-1198
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