TAL 0.00% 0.8¢ talius group limited

advance to drill 1m boe target, page-2

  1. 378 Posts.
    hold the phones

    have just been going thru old ann to try and workout roughly what these estimates really mean
    please correct me if i am wrong

    With an approx inground value of US$20 p/boe
    that means they are targeting US$20,000,000 worth of oil and gas
    60m approx shares on issue

    thats about 30c per share

    with sp hovering between 30-40c one has to wonder if this could provide the momentum for the rerating that we have been so desperately waiting for

    thoughts ?
 
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