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1,382 Posts.
37
28/02/14
16:25
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Let's talk valuations and market caps.
Because that's what I would like to talk about.
That is what will drive the OBL share price.
Right now in the Canning
OBL have
25% of Derby and operator
100% of Backreef Block and operator
REY's market cap up 11% today on that report with a market cap of 56 million. They are valuing real data. Similar reports will happen with OBL.
Value that and I am sure there will be plenty of upside for the OBL market cap of 14 million.
Prove me wrong.
Value it the proper way!!!!
PS The farmins and cornerstones are not necessary right now but could happen any minute. Also, percentages may change on Derby.
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