CIG
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0.00% 6.0¢ caspian oil & gas limited

Hi Raiderup, can you kindly explain your calculation - why...

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  1. torente
    836 Posts.
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    22/08/11
    21:23
    Post #: 8856958
    Hi Raiderup, can you kindly explain your calculation - why divide by 2, and how did you arrive at your estimate of 5.5 million barrels?

    With CIG having a market cap of only $14 million, if your calc's are correct, this could be a multi bagger.

    5.5 million barrels at $80 per barrel is serious money for a micro cap.
    CIG Price at posting: 9.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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