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12.5% 0.7¢ aj lucas group limited

Let’s say $1.00 (US) gross profit per mcf. Then that’s US$ 480m...

  1. Unctuous
    44 Posts.
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    14/06/18
    17:38
    Post #: 33716944
    Let’s say $1.00 (US) gross profit per mcf.

    Then that’s US$ 480m

    Halve that for our share: US$ 240m

    Halve it again for taxes: US$ 120m

    So one pad on one PEDL = 65% of market cap.
    AJL Price at posting: 33.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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0.7¢ 		Change
-0.001(12.5%) 		Mkt cap ! $9.630M
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