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  1. clearview9
    650 Posts.
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    01/11/11
    09:54
    Post #: 9222443
    Dino just out of curiosity as u state above

    ***
    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.
    ***

    which companies value at $1/ Barrel, can you name a few for me so i can have a look at them

    cheers
    QFY Price at posting: 6.3¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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