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0.5¢ red sky energy limited.

Is 352 days because the rest is maintenance or another reason.

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28/08/23

10:30

Post #: 69581526
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Originally posted by Dicko4: ↑

Hi Aussiebecstar, nice to have you on board. We'll be interested to see photos of Killanoola

I've been going over your calculations.
For Inna, I put in 4000 x $3.10 x 352 / 5,000,000,000 = $0.000872 which is one tenth your calculation.

For Killa, I think you have entered the total oil in place, when it should be the annual production. Which we don't know - I shall make a guesstimate of 500 barrels per day.
500 x 360 x $80 per barrel / 5 billion = $0.00288

So, 2.88c plus 0.0872c is 3.75 cents per share, that's annual earnings, (without overheads, as you calculated)
Multiply by a PE ratio of 4 gives a share price estimate of 15c

That's a nice round number, and a pretty positive number, but of course there will be many overheads.

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Is 352 days because the rest is maintenance or another reason.

ROG Price at posting: 0.5¢ Sentiment: Buy Disclosure: Held
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Last 0.5¢		Change 0.000(0.00%)		Mkt cap ! $27.11M

Open	High	Low	Value	Volume
0.5¢	0.5¢	0.5¢	$10.00K	2.001M

Buyers (Bids)

No.	Vol.	Price($)
35	33334562	0.4¢

Sellers (Offers)

Price($)	Vol.	No.
0.5¢	58995379	92

View Market Depth

No.	Vol.	Price($)
35	33334562	0.004
49	50520461	0.003
17	63042547	0.002
12	80350999	0.001
0	0	0.000

Price($)	Vol.	No.
0.005	58995379	92
0.006	30879308	38
0.007	39642631	20
0.008	15729056	15
0.009	10447451	14

Last trade - 16.10pm 30/05/2024 (20 minute delay)


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