so at 40c, and based on the range of prices paid/offered recently per gigajoule, BUL is worth between 45c and $2.25 per share (i won't bore you all with the maths). and that's based on BUL's proved reserves, not probable reserves, which the recent prices were based on.
have i got it right?
it certainly seems that BUL is at the absolute bottom of its valuation range, and its no wonder millions of shares are being bought every day
the year's high will be breached soon, so hopefully no resistance for a huge move
i'm hanging on for a while longer
BUL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
