@spinefx
If you think Winx-1 may add 400m in value to 88e, why do you slam RMP on the RMP thread?
They've got a similar ownership percentage in the Winx-1 play, so it should also be worth 400m to RMP
Given RMP only has 425m shares on issue & currently trades at 5c (20m Mkt cap with 8m cash) the potential upside for RMP is 20x by your valuation.
Whereas the upside to 88e is 3-3.5x again by your calcs.
By the way; I do agree with your $3bbl value for the inground value for WINX-1 upon success & hence the $400m in value accretion.
What I don't understand is why you slam RMP so hard when the upside is 20x against 88e's of 3x
I get that you have invested in 88e as opposed to RMP for your "ticket in the race" so to speak, but if it's worth 400m to one, it must be worth 400m to the other...
Next Couple of Months, page-7
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.86M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $1.143K | 571.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 484 | 1315116095 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 132416779 | 29 |
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| Last trade - 09.59am 20/11/2024 (20 minute delay) ? |
| 88E (ASX) Chart |
