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  1. Spozzie
    2,446 Posts.
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    18/09/08
    12:12
    Post #: 4281898
    OK boys something to cheer us all up on a red day.
    SCEs latest report (18/90 have a risked valuation on KIK of $1.05 (unrisked $6.60). The outboard structures Gindara and Lapu Lapu unrisked of $1.86 and $1.84 respectively.

    The inboard prpoects unrisked at $0.47 (based on 100Mb)with chance of success 35% (I think it is a lot higher more like 80%). Other wells mostly 15% with Gindara at 20%

    Needless to say they have it as a spec buy





    Spozzie
    KIK Price at posting: 16.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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