BUR NSE

Ann: Heintschel Field Primed for Development , page-9

  1. V8
    10,919 Posts.
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    01/11/10
    12:54
    Post #: 7414068
    So thats

    H1 2.5mmcfd
    JI 4.0mmcfd
    B1 0.5mmcfd

    7mmcfd x $4 x 365day x 33% = Revenue of $3.3mil + condensate per annum

    And we have got the whole Heintschel to develop and Canning.

    Over $6mil in cash

    Ive seen companies with a lot less valued at a lot more

    genuine question - Can anyone see any downside from here?
    NSE Price at posting: 21.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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