Gilbert Well end of Sept/Early Oct.
Can anyone tell me if these calculations are right?
Just took the GOP/EBR numbers and ratioed to the fully diluted shares on issue.
EBR will be 290M, GOP 122M (approx.)
SO the math went
EBR's interest = 10% 56M bbl*10%*50 = $280M. 290M shares = $0.96 cps.
GOP's 50% 0.96*290*5/122 = $11.40 cps !!!!!!!!!!
GOP
gippsland offshore petroleum limited
goblin what you think of this one?????????? ;)
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