daytrades march 29 morning, page-139

  1. Aksier
    12,893 Posts.
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    29/03/11
    11:56
    Post #: 8179910
    EGO: I have done a rough DCF (at 10%) on this and if they can discover 75bcf and produce at 20mmcf/d for 10 years the value comes close to 6 cents per share. I have assumed margins would be $3.00 per thousand cubic feet plus condensate (at $100/barrel). Very rough numbers though and much work needed by the company to get there.
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