RE: here we go news number 1!16 Feb 2023 10:15
Yes i agree with you toptuf
'Including the Chuditch natural gas project in the Timor Sea, our risked valuation for Baron
is US$163.5m. This is up from US$159.5m previously reflecting the upgrade for P2478. The
change in the exchange rate assumption, however, results in a downgrade in the per share
valuation from 0.775p to 0.708p'.
I onlt skimmed through the document but just double checked. Either way the sp is only about one third of that value and as we have seen, with alot of interest from bigger players for Chuditch, the sp should be worth much more than that imo...It is worth what someone is prepared to pay and with interest from several parties, the sp should be worth well over 1p per share imo