Ann: Mahalo Gas Project Memooloo 2 Well Successfully Drilled, page-12

Hi Pete01,
I believe you have done your research extremely well and your calculations are 100% correct. We will have to wait for Origin to release the details of either a sale or a best offer made by the "market" to get a current takeover valuation on our 3p reserves. I say "market" as this is a true indicator of current prices paid for reserves in the ground by suitors, not a companies assigned valuation of a project or resource. I would also expect another round of broker analysis after the sale/offer is announced that would prove potentially very favourable for Comet.............
Lastly, agreed saint63 all good things DO come to those who wait.