Full formal valuation linkhttps://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00008921 Received this notification from CGX IR this morning, labelled "Other" in SEDAR release.
Very interesting analysis methodology, as we would expect, details are vague because of the early exploration stage. Even the upside case DCF model caught my attention, best case (110mmboe risk recoverable at $110 per barrel Brent) puts the value at 800m. All before the drill bit touches Wei-1.