hold the phones
have just been going thru old ann to try and workout roughly what these estimates really mean
please correct me if i am wrong
With an approx inground value of US$20 p/boe
that means they are targeting US$20,000,000 worth of oil and gas
60m approx shares on issue
thats about 30c per share
with sp hovering between 30-40c one has to wonder if this could provide the momentum for the rerating that we have been so desperately waiting for
thoughts ?
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