RE:RE:RE:RE:Valuation AttemptsDerisked, yes.
Catalysts, many , check.
Going to disagree with you on valuation and make it even cheaper, $48 million in cash after the nitrogen sale on 48 million plus shares gives you a valuation of a dime a share.
This is all things to everybody deal - formation with the most valuable part of the company of a private company in PNG , a return of capital and utilization of non capital losses.
The problem with the all things to everybody approach is everybody gets left unhappy.
I can't help thinking , keeping it simple that , eliminating one of the 3 proposed actions leads to a cleaner outcome.