BUY
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25.0% 0.5¢ bounty oil & gas nl

whats its gas worth, page-3

  1. pixby
    465 Posts.
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    18/08/08
    12:32
    Post #: 4119841
    Here is a wild guess for you 10mc.

    A $5m a year cashflow for a field life of 15yrs.

    Bounty have a cap of approx $15m. Therefore a figure of circa 50c/share.

    A wild guess, I admit, we dont know the field size however we know it to be fairly large and commercially viable also one well spews out at 40mcf gas/day.

    So you can see why BUY sp sits at around 5c/share...can't you? !!!!

    Regards

    Pixby
    BUY Price at posting: 0.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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0.5¢ 		Change
0.001(25.0%) 		Mkt cap ! $7.492M
Open High Low Value Volume
0.5¢ 0.5¢ 0.5¢ $2.5K 500K

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No. Vol. Price($)
16 5462997 0.4¢
 

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Price($) Vol. No.
0.5¢ 1559709 5
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