GGP 0.00% 0.6¢ golden gate petroleum ltd

plan vs actual , page-30

  1. 111 Posts.
    Cupnoodle...
    "It's probably not correct to say that the SP should be at a certain level depending on how many barrels GGP can pull out of the ground."

    I would disagree...

    Its probably "correct" to say that a SP should be at a certain level depending on the earnings and net assets, which when talking about BOPD is very relevant. Where the SP is relative to E & A is an indicator of whether its valued or overvalued.


 
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