re: md's statement tomorrow Opps forgot to adjust for $AUD oil price then and now...
Need to multiply current figures by .795
Therefore, current figures should read...
Shares on issue: 350m
Options on issue 150m
Oil Price: US$50
NDO share of Galoc: 22.279%
Value per share if 30m barrels at Galoc: 13.44c
Value per share if 50m barrels at Galoc: 24.64c
Comments welcome!
Cheers!
look at it go, page-43
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