CVN 3.23% 16.0¢ carnarvon energy limited

APUS SPUD imminent and a biilion net profit potential, page-13

  1. 140 Posts.
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    I have the greatest respect for YAs expertise in all matters related to oil and gas, and follow his posts assiduously, but on this occasion he has clearly confused the present value of a lump sum in 10 years time with a 10 year cashflow and in the process made Trainmans estimate of 90 cents look a bit silly . Interestingly If Trainsmans 90 cents number was correctly discounted the result is 58 cents per share which correlates very closely with what the professional investment analyst at Euroz came up with, so he must have been doing something right.
 
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