IVZ 1.41% 7.0¢ invictus energy ltd

Yeah there 600mil odd shares, so yeah your maths is more...

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  1. 265 Posts.
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    Yeah there 600mil odd shares, so yeah your maths is more correct.

    My question originally wasn't very clear, I'm trying to work out how actual value of the gas in the ground, translates to the value of the company. Eg if there is $2bil worth of gas, what is IVZ worth? Factoring in costs of extracting it, IVZ 80% ownership etc.

    I don't have any experience with oil and gas companies so was hoping someone with experience would be able to help me work out appropriate valuations.
 
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