TMK 16.7% 0.3¢ tmk energy limited

Ann: Napoleon Independent Resources Estimate, page-2

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  1. 642 Posts.
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    BOOM 150million (much higher than the 120m previous indication)


    150m bboe x $80/barrel current prices = $12billion revenue

    20% interest in the project = $2.4 billion revenue

    let's assume 50% production cost = $1.2billion gross margin

    less $45m project cost

    Still over $ 1billion of value left.

    $10m market cap currently, wouldn't be surprised if we hit $100m or 10c in the short term, then as the project progresses, further upside to the $1 billion valuation
 
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