HDR hardman resources limited

heading back to where it belongs, page-8

  1. 5,048 Posts.
    Look at it this way.

    Ching 150 million barrels, Tiof 300 million, Tevet 50 million. HDR's share 100 million barrels multiplied by AUS$10 per barrel = $1,000,000,000 ($1.62). Add $300,000,000 cash + Banda gas + Upgrades at Ching, Tiof and Tevet + Guyane + Uganda + further exploration success in Mauritania.

    Probably worth holding based on the above.
 
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