P4: Melbana's Interest (30%)
1B (East, Contingent, 100% chance of discovery) - P50 @ 99 MMbbl
1B (West, Prospective, 70% chance of discovery) - P50 @ 197 MMbbl
Prev Amistad (all units) Best @ 88 MMbbl (upgraded by EvoCap to 103 MMbbl (prospective only at that stage) in July 2023.
EvoCap valuation of all units of Amistad was circa 19.3 cents (July 2023). Applying the same valuation metrics, just 1B values at 55 cents. And that is just for two small slices of the upper units (does not even consider Marti and Al).
Stand back. When the market wakes up, she gunna blow!
Kit.
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P4: Melbana's Interest (30%)1B (East, Contingent, 100% chance of...
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Mkt cap ! $168.5M |
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12 | 1394562 | 0.048 |
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