Progressing Toward Multiples15 Aug 2023 06:40
Header say all PROGRESSING and multiples from current price easy to work out.
We have Heron Oil Asset, Near field extension est 3 BN in proven & producing Toson Uul, Renewable JV, Equipment for Heron, Contractors ready, Cabinet Approval of Special Certification Land Access (this was main one in Approval process).
We have MMHI, MRPAM & Land Agency push for Heron onstream this year, ALL Paperwork sent for signing to local govt, law to prevent obstruction in this and herder discussion made. This is "formality" like RNS say and because CANNOT obstruct we expect very soon for Heron / Block XX operations.
PRODUCTION THIS YEAR (if you do not believe this do not invest).
We see strong bounce of support price and lot if people who try to talk share down we know just wait to jump back in I think π
Estimate DCF 35p (mr G Kahn) but this is just example. All know value is MULTIPLE of current price.
Renewable mention by mr Buck but maybe research this independently. Mr Buck use word "MASSIVE" himself just like I do. Research and you will see.
Buy or not up to you but opportunity obvious I think & same be news VERY soon & Operations / Production.
Buy or not up to you π¦