Check out the research report on PVD yesterdayFrom page 17""To...

Check out the research report on PVD yesterday


From page 17

""To put these assumptions into context, our risked valuation for Toubkal using 5% POS and $10 per barrel NPV is 131cps with upside potential of 2,798cps (net to PVD’s 30% assumed working interest). If we were to use a more standard 10% POS
and increased our NPV assumption to $20, the numbers then imply risked value of 523cps and upside potential of 5,225cps. Whilst it is relatively early stage, high
quality 3D seismic and drillable targets exist. We believe that there is substantial running room for increases to our valuation and price target"


That's $27.98c - $52.25c

Move over BHP & RIO make way for PVD lol