This is the chart that got my attention, 350,000 barrels a quarter or 1.4M barrels a year, which is $85M a year (@$60) in revenue or $1 in revenue per share per annum.
Which seems a lot for a share thats priced at 31 cents and a stock that is capitalized at $27M
So whats it worth in 2011 with these types of numbers $2.50-3?
- Forums
- ASX - By Stock
- ELK
- gas discovery valuation
gas discovery valuation, page-20
-
- There are more pages in this discussion • 26 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ELK (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online