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0.3¢ australian oil company limited.

81 cents on net SGC share after royalty, page-3

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dpbear

770 Posts.

360

17/02/21

13:15

Post #: 51076084
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Originally posted by SallySet: ↑

Hi everyone,

Just crunched the numbers:

And this is for the one well - Borba.

I'm getting ~81 cents valuation for SGC on net share after royalty on discovery and recovery of report resource.

US$375 million = 1.29 (exchange rate) x 375 =AUS$483.75 million.

SGC 472,092,707 x . cents = $52 million.
SGCOA 131,915,719 x 4 cents ex = $5.3 million

SGC Fully diluted (604,008,426 x 81 cents) - ($5.3 million in cash) =$483.21 million Market Cap

SGC 604,008,426 x81 cents - ($5.3 million in cash)= AUS$483.95 million.

Above is not financial advice and my opinion only.

Expand

That is bloody nuts for one well..... and a 70% chance of success. AND is only the guaranteed (100%) resource. Which means this number would be a lot higher when they include the prospective figures as well. I bet my balls that we close GREEN today

SGC Price at posting: 9.2¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

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(20min delay)
Last 0.3¢		Change 0.000(0.00%)		Mkt cap ! $2.689M

Open	High	Low	Value	Volume
0.3¢	0.3¢	0.3¢	$27	9K

Buyers (Bids)

No.	Vol.	Price($)
10	18519601	0.3¢

Sellers (Offers)

Price($)	Vol.	No.
0.4¢	5748445	3

View Market Depth

No.	Vol.	Price($)
10	18519601	0.003
8	21083666	0.002
4	51800500	0.001
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.004	5748445	3
0.005	4400245	7
0.006	7027961	6
0.007	4301142	3
0.008	5000000	1

Last trade - 10.45am 09/09/2024 (20 minute delay)

AOK (ASX) Chart