GRK 0.00% 0.2¢ green rock energy limited

starting to wake up

  1. 733 Posts.
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    stock has been a bit sleepy since the last run. The sector is having a good run today and this should represent a start for GRK to get a move on. It is still massively undervalued as opposed to its peers. Petratherm has a mcap of 54M, GDY at near 250M. Torrens and GHT don't count in my mind as much because they don't have any holes in the ground (but nevertheless have higher mcaps).
    To achieve parity with petratherm which I think is the very least then 35c is my target. This is a starter on which the market would start to look at grk more thoroughly. Put another way, why wouldn't grk be worth 1/2 as much as gdy after the mini frac. stimulation and with either a government grant and/or a jv partner on od?
    Figure it for yourself but this stock may really suprise on the upside over the next 6 months.
    enjoy the ride and cheers
    omg
 
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Currently unlisted public company.

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