At 15% GBP should be getting thier 135 boepd share
$86 USD - Costs $30 USD = USD $56 = roughly AUD $60
135 X AUD 60 = AUD $8,100 profit per day
Thats roughly AUD $3,000,000 pa
At 174 million shares, thats 1.75 Cents per share profit.
+
$29 mill in the bank.
Is GBP not grossly undervalued, where is the danger, cash rich (market cap is below cash) + a $3 Mill income from the existing oil
Please correct my figures, but I just don't get why the SP is so low ?
At 15% GBP should be getting thier 135 boepd share $86 USD -...
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