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16/08/23
20:55
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Originally posted by Goldfinger99:
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I dont know what you are worried about...................we all get to convert to stx shares..................what is good for stx is then good for us !!! So we all win !!! It does seem ridiculous $37 mil of revenue for 5 years plus the other PB holdings currently valued at $120mil market cap. I am hoping: - SE is a hit and sends STX share price up and hence us. SE is spudding sometime around now, it will take about a month for them to evaluate the well, - Walyering is up and running soon sends stx share price up and hence us - Mongolia is a hit in the next couple of months and the market prices in some value for Mongolia - Our MD has has time between TO offer 1, 2 and now 3 that he has solved the Mongolian structure and an announcement is not far away A month or 2 should tell. Certainly cannot go much lower, just based on Walyering value alone.
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yeah my thoughts exactly. If Strike has some good hits between now and early Dec they could get their SP up and bring us with it. If they can get to 60c+ prior to it going through it'll feel a lot sweeter.