Mikayla
Whom is doing this valuation. Is it from within the company or an external mob hired by the company or just a 3rd party.
Based on previous valuations done by others, you would have to think we are in the 8-10c range at present. It would depend on the valuation placed on Mirage given that the oil is there but underperforms at present. What blue sky would be placed into the price as Squidgy mentioned.
Oil price is also a big factor.
As I have said previously I would like to see what the 3D results come out at and see further drilling and success before a bid which could then net us mid teens or higher.
I would doubt Eddie would want to let go under 10c.
Look forward to the log results. I think drilling has stopped for now until later this year but we still have lots of news to come out.
MikaylaWhom is doing this valuation. Is it from within the...
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