SAE
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3.45% 14.0¢ salinas energy limited

quarterly report any thoughts, page-6

  1. bello
    7,809 Posts.
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    04/05/07
    12:56
    Post #: 2419495
    Reworked figures for Tricky Ricky using his figures, lol .

    80% * US $55.25 * 2000 * 300 days

    = US $26,520,000 per year (GROSS)

    At current sp of 43cents and projected 2000 bopd capacity to be utilised (as stated by management in the last announcement), I get a forward PE of 2.89 .

    SAE Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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