RIA 0.00% 3.3¢ rialto energy limited

Welcome aboard Debono! Just ran some 'highside' numbers from the...

  1. 5,934 Posts.
    lightbulb Created with Sketch. 301
    Welcome aboard Debono! Just ran some 'highside' numbers from the resource estimates provided on page 13 of the preso. (just for a laugh).

    893bcf x $5m/bcf igv = $4.46b
    220boe x $10/bbl igv = $2.20b

    Total $6.66b or $22 per share based on fully diluted 300m shares on issue post cap raising!

    Then there is Ghana and the (imo) much underrated WA399.

    Of course I would settle for 10% of the $22/share 'valuation' above lol but really spells out the potential upside here (as noted by the incoming MD).

    Raks , good to have you here Sheriff, hate to see any downrampers spoil the party here lol

    DYOR
 
watchlist Created with Sketch. Add RIA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.