CVN 0.00% 19.5¢ carnarvon energy limited

riu good oil conference, page-10

  1. 1,692 Posts.
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    Just trying to get an EPS happening here for end of year.

    We have the following rough figures to go by.

    6000 BOPD
    US$70 per barrel after costs.
    Tax about 30%
    660M shares.

    I make it around A$0.18 per share. And say a P/E of 6 = SP $1.08 Am I missing something here?

    Ted sounds very confident of reaching the 6000 mark so we could easily have a $1 SP by end of year.

    Comments??
 
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