Interesting NPV/bbl value that you arrived at as it aligns pretty much spot on with Edison's analyst report (done in Sept 2015) NPV valuation for Cap Energy's Djiffere prospective resources of US$4.8/boe but have ascribed a time value and discounted the NPV by 50% due to production start-up being at least 5 years away (US$2.4/boe), which is about the same as is being indicated by CNE as operator of SNE. Simplistic but nevertheless interesting.
Jimbo
FAR Price at posting:
6.8¢ Sentiment: Hold Disclosure: Held
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