Oh dear......
“Dorado came in oil and the spike ended up from 17 cents to 25 cents.
Keep in mind CVN has one fifth SOI compared to FAR so that translates to a 50% premium.
So that translates to a 10% spike for FAR on a reasonable result which is 1.2 cents but I'm being generous.”
What absolute rubbish!!
You are trying to predict a SP by comparing 2 companies purely based on SOI ???
No mention of how many barrels of oil discovered, just number of shares on issue.
Your post should be moderated for stupidity.
16c if Samo proves up +800mmbls......you have just proven you have no clue...
Downside Risk, page-32
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