Quick calc of value of Puntland play
20 billion barrels of oil onshore
50 billion barrels of oil offshore
70 billion barrels total
20% Interest to RMP so 14 billion barrels
Value of oil in ground at $3 per barrel
Market Cap $42b
Divide by shares on issue 207m
Value per share $200
Then add Georgia play as well. lol
Please DYOR
offshore and colombia - where will it end?, page-7
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FME (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.200M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 408400 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 20000 | 1 |
View Market Depth
| Last trade - 16.12pm 02/09/2024 (20 minute delay) ? |
| FME (ASX) Chart |
Day chart unavailable