SAE salinas energy limited
Add to My Watchlist 3.45% ! 14.0¢

forward pe is 2

  1. bello
    7,809 Posts.
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    30/04/07
    17:00
    Post #: 2403772
    With management openly stating that full 2000 barrel per day production capacity is expected from North San Ardo with production ramp up beginning next quarter, and only 178 million shares , this co is seriously undervalued .

    75% of US $65 per barrel * 2000 barrels per day * 365 days a year is seriously signficant gross earnings from just one project .

    US $ 35,500,000 per year or 19.9 cents per share .

    Current price 42.5 cents .

    Forward PE 2.1

    Sector average is 16.35


    SAE Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Currently unlisted public company.

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