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1.89% 5.4¢ central petroleum limited

re: sleeping giant waking up, page-51

  1. redcorduroy
    743 Posts.
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    27/08/09
    00:28
    Post #: 5560581
    re: sleeping giant waking up Anonymous1,

    There are so many problems with these HotCopper mathematics.

    The most obvious things:

    - Why are 1 billion barrels commercially viable? (note that the majority of their UOIP is in one prospect)
    - PR is not PE
    - 571 million shares isn't their total diluted capital
    - No DCF on their revenue (which as I said should be earnings)
    CTP Price at posting: 9.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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