RE:RE:RE:RE:Think this will take part in the ‘Santa Clause rally’? It's on the website in the 2024 reorg section. Should be CAD 1.755.
In absence of cash flow positive operations or any acquisition I would say it is fair. Since they will be losing cash for a while now, I will value to around 18-21 mil CAD. This DRAMATICALLY changes with a drilling contract or an acquisition but with the current state of the business I would say this is fair.