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clock Created with Sketch. 04/12/23
12:58
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Originally posted by Callsign30:
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According to the EH chart for every billion barrels of oil (at a $10USD in-ground value per barrel) the share price should be 35.1 cents AUD per share so using the EH methodology 3.6 Billion Barrels would be 3.6 x 35.1 cents = $1.26 AUD
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Cheers Callsign. My math was simular to yours, only difference is I did my rough calculations useing 8b shares instead of 9b.
(20min delay)