So how do we arrive at target prices mentioned in reports and HC threads?
May not be too difficult grasp.
Steve already targeting 200 million dollar market cap post successful Seychelles farm out - that's 16 cps.
Hartley's latest report indicates Otway Basin / La Bella post farm out upside valuation 24cps.
Also, WA-360P / Palta 1 success estimated to add 50cps to WHL.
That's getting very close to the $1.00 per share mark and may not be too difficult if all goes to plan and things fall into place.
Add in a bit of a frenzy during the process and it could eventuate a little sooner than some are expecting!
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