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clock Created with Sketch. 22/12/15
16:33
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Originally posted by tonto01
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You all need to read the announcement of 5th November, which in part states-•Highly leveraged opportunity due to low market cap (~US$20m) and bottom of cycle entry point => many multiple returns on investment possible Concepts •Strongly positive EMV leads to internal recommendation at Big Oil Companies to invest (subject to ranking with other prospects/developments, funding and strategy) Assumptions 4 Icewine #1 Value Unlock Equation (cont) Analysis •Small increase in POCS => large increase in EMV due to large resource potential Conclusions
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All those acronyms make my head spin, and I'm a public servant! The report notes the potential to unlock several hundred million to over a billion dollars in value for investors, which at the lower end would still result in a Disallowed based on the current market cap. I don't know what impact the UK market has on this. Is the UK market cap factored into the current market cap of just above $20 million, or does it need to be added?
(20min delay)