Interesting..... the large difference in valuations....
Macquarie 1.2 bn @ US$60 bbl.
RBC 1.8 bn@ US$52. bbl
1. RBC assessed an unrisked value for 100% of Bauna at $US1.1 billion, assuming a $52/bbl oil price, and 50% of Tartaruga Verde at $700 million.
2. Macquarie.
Diff. Value between Macq and RBC
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