Very difficult to answer, so maybe 6 to 10 cents plus.
Land positions and seismic data, need an expert to come up
with a figure. Also their shares in PFC could be worth much more
if the company is successful in their drilling. We should know shortly.
In respect to a potential buyer of ROZ, it does not have to be a major.
ROZ market cap is presently only $ 5.5 M.
Bengal Energy T.BNG ( market cap $ 55 M) announced good drilling
results in Australia on Friday.
Still think we have to wait till November for any updates.