Agreed. I did some pretty crude calculations for Eastern Bush and using a conservative NPV of say $15AUD per bbl, assuming at the P50 a WI of 50% and recovery of 50% that equates to a discovery value of $3 per share fully diluted. Even risked at say 3% that's 10cps.
- Forums
- ASX - By Stock
- LMP
- 253 million barrels oil
253 million barrels oil , page-2
-
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)