TXN 0.00% 58.0¢ texon petroleum ltd

txn enters asx 300, page-22

  1. 640 Posts.
    Nice find Agent! I've been after that for the last couple of weeks.

    A simple observation:

    the Olmos doco listed the total proved future net revenue as $72m 94% operated and sold for $12.4m ($72m x 94% / $12.4m) = a factor of 5.46

    The EFS doco lists the total proved future net revenue as $1.5b 98% WI.

    Using the same formula this gives a price estimate of $268m or about $1.10 a share
 
watchlist Created with Sketch. Add TXN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.