MAY 6.67% 2.8¢ melbana energy limited

Ann: Alameda-1 Significant oil reservoir interpreted in N Struct, page-269

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  1. 991 Posts.
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    I've seen some great posts but is anybody able to do a very simple calculation as to how many barrels of oil we might have - then a margin resulting in what they think is a fair market cap for our 30% of the project..?
    I did some calcs long ago that I've since forgotten the basis of and I'm just interested to hear what people think now.

    (If you just think dyor then don't bother responding)

    Thanks
 
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