First: our cash is now about $140M
Second: our 2c is 85M (20% of our dorado 344M BOE and our Roc of 78M BOE).
So at purchase price of USD 5.68 = $ AUD 8.48 times 85M BOE equals 720,800,000.
Add our cash of $140M
Equals AUD 860.8 M
Or 55.5 cents per CVN share
Without accounting for other prospects within our 4 permits (like Apus, Pavo), and Buffalo, and Labyrinth, etc etc etc.
Dorado Upgrade / STO Call, page-62
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Mkt cap ! $304.1M | |||
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