Interestingly you don't own shares but emerge with an analysis on NDO.
Subject ndo npv calc
Stock Code NDO - NIDO PETROLEUM LIMITED
Posted 11/08/06 12:30
Posted by Maverick1
IP 210.193.xxx.xxx
Post #1199553 - 80 reads
Start of thread
Has onyone on this forum actually done an NPV calculation for Nido. I have, using US$60 crude price for life of project; Nido's announced production profile for Galoc; capex of US$120m to allow for overrun (last public guidance was up to US$90m gross in May 06); US$220m in "tax shield" for past sunk costs; full taxed using corp tax rate; a 10% discount rate and first production at end of CY07 (projects in this environment rarely come in on time). Diluting for the recently announced convertible (yes i know its out of the money at 26c) i get US$0.12c/share of A$0.16c at spot FX. Current share price is therefore fully factoring successful execution of Galoc and/or higher for longer crdue prices (which i agree with) and clearly some exploration optionalilty (entirely reasoable). To get share price moving i believe you would need incremental news on the other assets ie West Linapacan A & B or a farm-in to the exploration acreage or a material reserve increase at Galoc that would materially change the production profile (but this would be offset to some degree by higher capex).
Use your own judgement, i dont own any shares and this is for discussion pruposes only. No advice is being offered
- Forums
- ASX - By Stock
- ndo npv calc
Interestingly you don't own shares but emerge with an analysis...
-
- There are more pages in this discussion • 41 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NDO (ASX) to my watchlist
|
|||||
Last
88.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $200.7M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 25000 | 86.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
88.0¢ | 66599 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 25000 | 0.860 |
1 | 55739 | 0.850 |
1 | 4000 | 0.810 |
1 | 62111 | 0.805 |
1 | 40500 | 0.800 |
Price($) | Vol. | No. |
---|---|---|
0.880 | 66599 | 1 |
0.970 | 19999 | 2 |
1.050 | 115000 | 2 |
1.090 | 50989 | 2 |
1.100 | 100000 | 1 |
Last trade - 16.12pm 19/07/2024 (20 minute delay) ? |
Featured News
NDO (ASX) Chart |
Day chart unavailable