Hahahaha Lol PAC calls $1.38 fully diluted with options and raises on the current holes unrisked. That doesn’t include the remaining 18tcf de risked resource at Mukuyu after discovery plus the helium or 1.5 billion barrels of oil. Not a dollar priced in for the additional upside risked.
So when brokers call PLS $3.50 target but trading at $5 does that mean it’s trading at $3,50? PAC is quoting the production of the 2tcf resource at $1.38 and with no upside potential to resource. Sounds right but market always prices in the future and PAC doesn’t. It’s missing the other 18tcf de risked potential now the basin is unlocked. Your looking $3.50 target price risked for Mukuyu
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