ching,
the ultimate ramper.
work it out people,he has not disclosed that hdr owns 21% of his assumed 200 million barrels@ us 3.40.
21% of 680 us =135 us = 250 aussie,divided by 425 hdr on issue = 60 cents per hdr share.
at 100 miilion barrels = npv of 30 cents per hdr share.
can you please explain chinghetti,as i have difficulty getting my maths around your numbers.
these numbers are approximate as i have not used a calculator. i stand to be corrected.
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