BOW bow energy limited
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Last weeks purchase of some of Santos's gas assets by Petronas...

  1. Moneytree
    3,935 Posts.
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    01/06/08
    18:35
    Post #: 3798015
    Last weeks purchase of some of Santos's gas assets by Petronas was done at a price of $m4.9 per Pj of gas in the ground.

    On this basis, when BOW proves up Don Juan at 200 PJ of which it owns 55%, the in ground value will be approx $500m to BOW.

    Add to this a couple of oil producing wells and the value of all the ground which BOW has tied up, $3.00 - $4.00 per share is looking very likely and very possible.

    You are looking at a 10 bagger here.

    Worth buying and holding guys. DYOR.
    BOW Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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