MEL
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8.33% 0.6¢ metgasco ltd

Ann: Kingfisher E1 - Progress Report 5 , page-10

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  1. bagasas
    534 Posts.
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    13/11/09
    13:51
    Post #: 5910801
    So if the contingent resource (P50) of 36.6 Bcf is proved, at $1.7 million per Bcf that equates to $62 million. That is over 60% of the current market cap of around $100 million, equivalent to about 30c per share.
    MEL Price at posting: 53.5¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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0.6¢ 		Change
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0.6¢ 0.6¢ 0.6¢ $550 100K

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