all this talk between nido..yilgarn, page-20

value calauit oilfield..coaster hi coaster

tell which oiler isn't geared towards the oil price..????

oil price is the bottom for every oil producer around the world..

"" Strachan Report (commissioned by OEL)"

the above, i think you'll find it's not commissioned..StockAnalysis is a rare breed that DOESN'T RECEIVE MONEY FOR IT'S REPORTS..

yes it does obtain information from the company so it can compile a report but thats as far as it goes.

StockAnalysis uses a very CONSERVATION OIL PRICE IN CONCLUDING IT'S VALUE "$12bbl"

current oil price above US$70bbl..

seems as though you haven't got the facts right on some claims...

regards

Subject re: salty.. value calauit oilfield
Stock Code OEL - OTTOMAN ENERGY LIMITED
Posted 27/08/06 10:05:01 AM
Posted by NZCoaster
IP 210.246.xxx.xxx
Hotcopper Radio OEL on BoardRoom Radio
Post # 1222891 - 7 reads
In Reply to msg #1208471

Hi Sandy,

I've done a NPV valuation on Calauit and be my reckoning it's worth around 18cps. The project is highly geared towards the price of oil and as such the output of the model is highly sensitive to the oil price used to calculate the final value.

Also of interest is the Strachan Report (commissioned by OEL) which values all assets of OEL at 83cps on a risked basis.

Both the model and report can be downloaded from links within the forum part of fixx.co.nz.

I think this has the potential to be a great little company, but it still needs a few issues ironed out and it carries a fair bit of risk. I hold.

Coaster
Fixx.co.nz