MEO meo australia limited

ananke 1 speculation, page-4

  1. 2,041 Posts.
    Its better than that.

    The WilsonHTM report published post-Ananke-1 suggests that:

    Maxwell P90 (inside 360P) - 2.5 Tcf
    Maxwell P50 (inside 360P) - 5 Tcf
    Maxwell P10 (inside 360P) - 10 Tcf

    The analyst (I.R.) indicates that based on ridiculously conservative stranded gas values (b/w Wheatstone and Pluto, hardly stranded), and assuming MEO farms-down from 62.5% to 20%, the discovery value (net to MEO) is:

    $400 million @ P50
    $960 million @ P10

    That is equivalent to $0.74 - $1.78/share just for the value of Maxwell. Should more realistic gas values (from transactions) be used, the value becomes very significant.

 
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