intersuisse buy recommendation Well spotted
Here is the link to the full report - http://www.intersuisse.com.au/upload/JRM%20Win05.pdf
To quantify the project’s earnings potential for NWE,
we will assume a successful initial drilling program, with
20 wells producing at the conservative end of
expectations at an average of 0.3m cubic feet a day per
well. Assuming ongoing net gas prices after royalties etc
of ~US$6/mcf, we anticipate NWE’s 37.5% stake of
annual production to be worth ~US$4.9m (A$6.3m).
This translates into annual EPS of ~A3.8c. Lifting our
assumptions to the 100-well scenario, annual attributable
earnings jump to US$24.5m (A$31.4m), or ~A18.7c.
I have time on my hands early this morning as the bloody cat decided to wake up the whole house . . and I have guests arriving at 9am for Kostya Tzu
- Forums
- ASX - By Stock
- NWE
- here comes 17
here comes 17, page-12
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NWE (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online