MEO Australia Artemis-1 success scenario valuation Low Case Mid Case High Case Artemis success scenario gas Bcf 4000 8000 12000 mmboe 667 1333 2000 MEO share mmboe 167 333 500 Assumed market valuation US$/boe 2 3 4 MEO share US$m 333 1000 2000 MEO share A$m 370 1111 2222 Value per MEO share A$/shr 0.76 2.28 4.56
Lifted this from the Baillieu Report on Meos website - I believe bcf should be tcf but thats stockbrokers for you - I'm sure they won't stuff up the dollar symbols!
MEO Price at posting:
49.5¢ Sentiment: Buy Disclosure: Held