Australia's largest stock trading and investment forum Australia's #1 stock forum

CE1

Click for more information

0.00%

0.9¢ calima energy limited

ok. I was trying to figure out1. Approx Book value2. Low bids at...

First 11 Last

Share
Profile

Follow
cmonaussie

11,076 Posts.

3730

04/01/19

19:52

Post #: 37028540
Share

Originally posted by Motors: ↑

2.5 cents was assuming $ 350 an acre which was the lowest valuation in one of your examples. I agree it's a free hit with the drilling at these levels. management might entertain arguments about whether they can transact at $2,500 or $5,500 , but not a lot lower , but the drilling will tell the story.

YES, they are set up to do the month+ flow testing. we are investing $25 million remember , but we should get early indications well before then.

all going well end of Q2 is hopefully when a transaction can be put together.

Expand

ok. I was trying to figure out
1. Approx Book value
2. Low bids at BC lease sales

Thats rock bottom so to speak.

CE1 Price at posting: 4.6¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

IRX

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

EEG

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

HotCopper Highlights: Your most watched stocks for Week 46, 2024

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

CUF

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

CLE

Cyclone signs MOU with Vale for development of Iron Bear play

BNL

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

GDM

Banshee's historic trenches prove rich in antimony and gold for GDM

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

First 11 Last

Add CE1 (ASX) to my watchlist

SPONSORED BY