so based on the current combined caps and a percieved value of around $4 billion if seaclem 1s' prospective 4 tcf makes it into the proven category, mr market is presently applying a 4.5 percent chance of success....fairly realistic for mine without epbc approval, all except for gba which works out at around 64 cents based on a 4.5 percent chance.
as johnno pointed out months ago, if all goes to plan and advent is floated, the low liquidity and bargain basement sp of gba will change as investors crunch the numbers on advent bang for buck with an in specci distribution having advent shares coming from 3 directions.
Thx also to ddzx for setting such high standards and illustrating to the masses just how undervalued gba is.
not too many more sleeps, luck to all, dcob.
MMR Price at posting:
80.0¢ Sentiment: Hold Disclosure: Held
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