Gone very quiet...found this article and thought others may care to read...
"Analysts are getting in on the big numbers too: one analyst said TAG, then $5, could have a Net Asset Value (NAV) of $224 a share in an ?unrisked? valuation, which means if they hit oil on 100% of their wells. Another analyst said PetroFrontier could have an NAV of $168/share ?unrisked." Most intermediate sized oil producers in this energy bull market trade at 1X NAV or a bit better. None of these analysts expect anything close to 100% success, but it?s a figure that shows the size potential of the play."
http://www.firstenercastfinancial.com/commentary/?cont=100357
Cheers
nav of $168/share ?unrisked."
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