AUJ
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0.00% 36.5¢ augustus minerals limited

the risk/reward was compelling - i'm in , page-10

  1. Black_hole
    1,829 Posts.
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    11/08/10
    17:50
    Post #: 7008570
    Don't get confused between EV and SP. Your share may worth a buck but it probably would not trade at a buck.

    The presentation evaluation assumes the oil is lifted out of the ground which would take a few years to realise that. Meaning it would take a while to reach the above figures upon success, certainly not just this well.
    AUJ Price at posting: 22.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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