Some huge numbers in this report. For example the unrisked...

Some huge numbers in this report. For example the unrisked values below correlate to almost $28 and $52 - I had to double check the conversions to make sure I was reading it correctly. So from current prices they are talking about the potential for 100+ fold return on one just target alone. Speculators delight!


Page 17 of the report:
"To put these assumptions into context, our risked valuation for Toubkal using 5% POS and $10 per barrel NPV is 131cps with upside potential of 2,798cps (net to PVD’s 30% assumed working interest). If we were to use a more standard 10% POS
and increased our NPV assumption to $20, the numbers then imply risked value of 523cps and upside potential of 5,225cps. Whilst it is relatively early stage, high
quality 3D seismic and drillable targets exist. We believe that there is substantial running room for increases to our valuation and price target"