Whaet brillaint news15 Nov 2018 09:33
Was not expecting that, restores a little faith in their judicial system.
So so hoping we get the 100% as have already done a few calcs.
Valued at $6million for a 15% slice of cambay a few years back. Yes the climate has changed but for $6mil oilex had no infrastructure in place and had no proof of concept well,,,,,,,,,,,With the opportunity and prospect a new jop would have it surely has to be at least $5mill for 15% sell 30% and that's $10 mill in bank.
Jop would be responsible for 30% of drill, Drill is around $12mill.
Whatever 100% of cambay alone is an asset worth around $35 million plus