FY21 Goal sheet included
Market cap goalshot to go from current $270M to $750M in FY21
Correct me if I am wrong but didn't AWE have a market cap >$800M only a few years ago
The AAL project which I believe is 50% with that perennial dog the Santos still breathes
The project was estimated at about$600M some time ago
Where will AWE get its half of the money from?
Anyway they plan FID by end CY17 dependent upon the oil price
Offshore project relatively shallow will need the OP to be $70+
Seems a long way off from $50
If ORG do spin out their assets into an IPO the newco should acquire the AWE
But as the ORG IPO is only fairydust at this time please BPT do the best thing for your shareholders
and takeover this AWEsome company - easily get it for 60cps and add some good assets for a bargain price
I would look forward to the BPT management replacing this AWE bunch
AWE Price at posting:
50.0¢ Sentiment: None Disclosure: Held
