Whatever percentage is factored for Eyasi, $6ps valuation is still way out for my conservative outlook. Pre drill, on a 50% fruition, I'd be happy with $2, on 50% plus new licence (granting we get 1 from among those revoked), let's say $3, on spud of 1 or more well, then $5 will be floor.
All IMHO.
Whatever percentage is factored for Eyasi, $6ps valuation is...
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