ETR 0.00% 0.7¢ entyr limited

8m net profit per year vs mc 9m, fair value 9c

  1. 5,788 Posts.
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    "Net backs in Guatemala approximately 50% of the WTI market price – favourable economics"

    $46/bbl net profit* 610*70%(net share) * 350 days
    =$8m net profits per year
    =1.8c EPS

    fair value should be:

    1.8*5=9c (C13C14 potential offset the option at 4c&7c--which further bring significant cash injection)

    9c is the fair value based on 610bbl per day.

    13ft at C17 remains untested, if produces another 610bbl, you have to work out:

    Fair value:

    15c per share!

    MC is 9m ATM, SP is 2.3c!
 
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