I posted the below explanation before….hope it helps?
Top line across is Barrels of oil from 50million to 5billion, the line on the left from top to bottom is Oil in ground worth in US dollars from $1 to $20, so depending on if they find anything and using the chart the size of the find in barrels of Oil say 750mil at say $10 a barrel gives you a SP valuation of 26.3c…..the larger the find and the higher the Oil price the higher the SP valuation comes out….it’s a guide!
I posted the below explanation before….hope it helps?Top line...
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Mkt cap ! $130.1M | |||
| Open | High | Low | Value | Volume |
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|---|---|---|
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