"Forecast to be economic until 2048+"
This transaction confirms CTP is undervalued and makes management's underperformance even more clear IMO. CTP's share of Mereenie alone is worth more than the company's current EV and Mereenie is only about half of CTP's reserves.
So just the producing assets alone are worth around 10c on this metric. Throw in the helium exploration assets and this is well undervalued.
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