I had used USD$10, but on the pre-royalties reserves ie. 30mmBOE, to give USD$300m valuation
Can't remember where i had got the USD$10 from, @TheProfessional or @danpech might have views on current valuations on reserves. I'm sure it will be another huge area of research and debate.
Might be a good question for anyone heading to the presentations over the next few days, any market indicators for valuation of reserves per BOE
Ann: Investor Presentation May 2022, page-57
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