Riffci ,
agree but we have $9m a year cash flow from 3 wells already and feel confident that the new nearby wells will deliver at least that again from 5 wells so we could expect $18mill pa potential in the short term so the val isnt that far off. i am thnking that if we had a smalll buyer even the sp will quickly resestablish above the recent issue price of 3.3 c ( absolute giveaway)
sellers finally beaten, page-10
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