LMP 3.57% 13.5¢ l&m petroleum limited

253 million barrels oil , page-2

  1. 464 Posts.
    lightbulb Created with Sketch. 15
    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.
 
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