I understand where you are coming from with the 5 billion valuation but think it might be a tad rich - in short it is not going to happen (and I am very positive on the future of this company).
Just take a step back and think about this objectively - a 5 billion MCap would be about half the value of Santos or 5x the value of Karoon Gas for comparison.
I love this company, but I think we all have to be a bit realistic.
JH himself said that he thought a 2TCF find here would add about 50c to the value (circa 500 mill). Hey, that would be great - close to a ten bagger I won't be complaining.
ooraminna 2 still at 1085 m 6 july , page-94
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Last
6.3¢ |
Change
-0.001(1.56%) |
Mkt cap ! $46.95M | |||
| Open | High | Low | Value | Volume |
| 6.3¢ | 6.3¢ | 6.0¢ | $44.03K | 706.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200000 | 6.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.3¢ | 249450 | 2 |
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| Last trade - 16.10pm 30/01/2025 (20 minute delay) ? |
| CTP (ASX) Chart |