BUL blue energy limited
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valuation reminder

  1. Steini
    14,473 Posts.
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    31/05/13
    13:04
    Post #: 11833404
    Just going with the certified 3400 PJ 3C resource.

    3400 PJ = 3400 x 1000000 GJ x $7 = $ 24b

    Using just 1 % of that to value the undeveloped certified resource we get 240m.

    Current value : 55m

    So, that way 20 - 25c would be fair value.
    BUL Price at posting: 5.0¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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