KAR 2.84% $1.88 karoon energy ltd

brazil and peru, page-9

  1. 385 Posts.
    Let's see, just for play, (and this is just part of SA)
    using round numbers
    561 million barrels at $100 barrel equals
    56 Billion Dollars. Of course we have to allow
    for costs and NPV, but don't you begin to see
    the ridulousness of a price of 5.50 per share,
    or net valuation of about 1.2 billion for the company?
 
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