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  1. Dino
    544 Posts.
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    31/10/11
    16:54
    Post #: 9219274
    Mavo you will find that other oil gas companies do not value prospective resources at $40/barrel.

    Its more like $1/barrel.

    You will find that takeovers of oil companies with actual reserves will go for under $10/barrel.

    Dont take my word for it, do your own research.
    QFY Price at posting: 6.3¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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