Very grubby post which does not even deserve a response but this is the reserve statement from the last annual report which shows declining reserves over the past 2 years so where are the wild assumptions and deception. Yes the company currently has a strong balance sheet but they need to acquire new assets to address the declining reserve issue and thats why they will either need a capital raising or offer new shares to the seller which will dilute the share price.
Peer Comparison, page-6
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