MAY 6.67% 3.2¢ melbana energy limited

Ballpark Estimates of A$/S values for Possible Amistad Resources, page-52

  1. 3,620 Posts.
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    I doubt anybody will give you an honest answer to that. VOGC gives an NPV of up to 96c PS for the Amati only and we expect more than that for each of the Alameda and Marti reservoirs but no one is going to say $3 for fear of ridicule. Remember Zapato could be bigger.
    So much higher than 20c by Car27 is about as good as you will get. What I will say is that once the independent resource estimates are in, and if Zapato is positive and we start producing then”hang onto your hat”. Over $1 for mine.
 
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