A little closer to home Beach acquired the Lattice assets at a value of roughly $10 per 2p, with FAR soon to have 13.5% of at least 240mmboe 2P. Probably closer to 300mmboe 2P given how undercooked the CNE figures are with FAR/RISC figures needing two months longer to digest all the recent appraisal test/drills.
I will leave you to do the calcs.
That 2P figure doesnt include the extensive 2C figures but Lattice also has no shortage of them.
Undervalued, page-2
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48.5¢ |
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Mkt cap ! $44.81M | |||
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