fresh reserves out, page-2

Oz no need to do much in the way of sums..

1P based on near spot delivers NPV $1.33/share 10%FCF.

Looked at another way EV/bbl 2P: gees all of $6.80.

So going sales rate this year been as high as 25 times in the US... AMU 2P about 6 times.
Can't argue with the proposition its so damn cheap you could carve it

Got to be a buyer at even half those ratio's if there aint no buyers in the screen.

I'll take a better look later.