LPL livingstone petroleum limited

i doubt you'd have to wait for drillingthe math is simpleLPL at...

  1. iceman1
    980 Posts.
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    15/09/05
    12:43
    Post #: 1130892
    i doubt you'd have to wait for drilling

    the math is simple

    LPL at 40c (current price), means market cap is: 28.3M fully diluted
    subtract the cash on hand of: $4.5M

    and then using OPL's own valuation of the Forbes project between $300M - $350M......

    you can figure that LPL is way way way undervalued.
    LPL Price at posting: 0.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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