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0.00% 0.1¢ synergia energy ltd

oilex mobilises rig for timor sea drilling, page-12

  1. stevenjd
    27,524 Posts.
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    12/11/09
    15:44
    Post #: 5906153
    recall hartleys valuation of this asset.

    http://www.oilex.com.au/index.cfm?objectID=A0E42271-E7F2-2F96-3695B57436BD0148 and follow the link.

    12m price target $0.89

    valuation $1.78

    Alone, this JDPA farmout at 10% worth 240cps.

    good to see PPP are also in the JV.
    OEX Price at posting: 37.0¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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