Ann: October Investor Roadshow Presentation, page-10

Not sure you understand what ROE actually is. Since GLL has not booked income or payed a dividend their current ROE is zero. However, say they were to start producing gas at 5million GJ/yr @ $2 profit per with the current share market valuation their ROE would be around 80%. The ROE of the entire market (as measured by the S&P 500) has averaged in the low to mid-teens in recent years and recently hovered around 12.5% in 2016.

All speculative until they show gas but gas is what will drive the global economy for the next 20-30 years and the Galilee has a crapp load of it.