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BlackGold "didn't PSA say that Vermilion's 2 wells could be...

  1. petzl
    500 Posts.
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    30/12/03
    13:14
    Post #: 341690
    BlackGold "didn't PSA say that Vermilion's 2 wells could be worth $1.52"
    2003 review (page 12)

    They said the expected 30 billion cubic feet from these two well would give
    Estimated future net cashflow: US$ 111.7 million over 4½ - 5 years

    Estimated future net cashflow/ share at 0.7A/ US = $1.52/ share

    What the market is prepared to pay is another matter
    PSA Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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