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Morning J,


I stumbled across this comparison table (DSO EV's) while rooting around trying to figure out IOH's comparable valuation (to HLX) on its 8MT of Fe:eek:


Its an excerpt from a Carmichaels report


Interesting numbers, as if we don't factor in anything else from the Robe Exit drilling and min' case @ KC.


FD thats $1.00 per share for 30MT:)


If (as discussed previously) we use the 'alluded to by the company' best case for KC initial JORC then thats around $180M or $1.50 per share:rolleyes:


Sounds like the substantial Trinity/Kens Bore extensions (RHI/AQA) will be all rolled into the Q1 PFS  along with our news.

I wonder if we'll get any Bonham results out by then?


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