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22,120 Posts.
20
20/04/12
13:11
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"Does SNE have any booked 2P reserves?"
lol yes Yachty has a huge land holding and 50000 Trillion in booked reserves, all that for a small market cap
This is a cheap spec with a very very large "prospective" land holding nothing more nothing less
Reserves are boring and easy to value its prospectivity that deliver share price upside
Interestingly as COE rises so to does the value of the bid at 65c and a 1:2.8 bid the bid is worth 23.3c now
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