Hartleys have
FAR's 5% holding valued up to 12 cents per share (AU$50 Million)
413,688,031 (shares on market) x 12 cents give AU$49,642,563
PSA 137,064,341 (Shares on Market) 25% holding would mean AU$250 Million breaks down to AU$1.82 per share
My understanding/assumption is this field is expected to be considerably lager than this estimate as ROC has not yet found the outer limits.
Last tests still not confirming total size at present much larger than 50 mmbo in place (Not recoverable) but further testing could easily see this figure jump again
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- china many tens of millions of barrels
china many tens of millions of barrels, page-3
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