ZMM 0.00% 0.9¢ zimi limited

what do you think seychelles could be worth.?, page-11

  1. 702 Posts.
    It does bring a fair question

    Afren bought out Marlin for 110 million and they have approx. half the amount of acreage and at that point it was in the same stage as our acreage was when we got it...

    so 110 mill x 2 is a fair statement then taking into account the far more advanced stage we have risen to since then...so adding the to date
    7 mill exploration and
    a basically guaranteed 8 mill cash from JV and i
    ncluding the performance options that come with the successful jv 12 million

    220 mill + 27 mill

    247 mill should be worth it...:)

    SP approx 20 cents

    Food for thought...
 
watchlist Created with Sketch. Add ZMM (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.