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guess the low by year end., page-11

  1. 915 Posts.
    Hi JBC,
    You are valuing in Adatepe#1 and Yesiltepe#1 at only 17cents [current price 83c +17c.= $1.00]!??!

    AEGIS EQUITIES value Gocerler+Cayirdere:90c.
    and plus Adatepe: $1.40 ; and Plus Yesiltepe#1 at up to $2.37. [The full AEGIS EQUITIES report can be downloaded from www.Amityoil.com.au].

    Even discounting these valuations of AEGIS for market purposes .... there seems to be a lot more than $1.00 to be factored into the price over the next month
    ,even with climbing gas sales and Whicher Range in the background .
    Note that Cayirdere gas will be flowing into TPAO's transmission pipeline in 3 months , AYO's share of that is est. to be 6mmcuft/day.....and no need to find customers etc.,. AYO indicate that gas sales will reach 42mmcuft/day by Nov03 [AYO 50% share at 21mmcuft/day]. This makes no allowance for any developments at Yesiltepe#1.
 
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