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3.03% 16.0¢ carnarvon energy limited

So 936m shares x 25c each = 234m MC If they have 20m net...

  1. Merleredneck
    2,363 Posts.
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    18/08/14
    15:42
    Post #: 13833866
    So 936m shares x 25c each = 234m MC

    If they have 20m net recoverable barrels, x 10/bl = 200m npv.
    using the above. (100x20% of 300)

    Keep it in perspective - with technical/ flow rate/water cut risk not factored in.
    Last edited by Merleredneck: 18/08/14
    CVN Price at posting: 23.7¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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