Whilst CVN may be a good basic comparison in my opinion we need to take into consideration
a) not Australia based so much less publicity on our market
b) The other potential company's involved (OEL, 88E)
Although I believe RMP has better opportunity to rise in valuation with oil find due to SOI
Nevertheless I think some of the numbers brandied around are too optimistic especially for short term and coupled with the recent credit raise I think we should stay grounded at least for time being until confirmation of a find