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2.33% 88.0¢ nido education limited

nido identifies 11.6 billion barrels , page-47

  1. SGTM73
    196 Posts.
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    07/05/08
    20:58
    Post #: 3682229
    Sav-J,

    I did a quick crunch of the max case oil in place for each of the SC's with a 10% recovery rate. Used the NDO share of each SC and then arbitarily gave 50% to a JV partner. No rocket science used at all. Thought that $120 wouldnt be a bad figure to use given current spec on oil prices.

    cheers
    NDO Price at posting: 0.0¢ Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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