+ + discusions about the future are more interesti, page-9

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Subject oil price rise impact on hdr
Posted 19/08/04 11:36 - 57 reads
Posted by Conix_Vale
Post #346418 - start of thread - splitview

The present share price of around $2.10 for HDR appears to relate to oil prices of around $US 28 /bbl, if one "reverse engineers "the numbers in the economic models for Chinguetti and Tiof , only.

Has anyone dared to plug in the the present oil price of $US47.30/bbl?? If oil prices DO average this level, the value of HDR rockets to $A5-6 per share for Ching and Tiof ONLY. And if anyone dares to assume that one day SOON we will know that HDR has negotiated a free carried interest of 35 to 40% in the Guyane project for at least two exploration holes, the value of HDR rises VERY sharply above the figures just shown.