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re: 14 oct 2004 icn epe: nulla nulla-1 to spud tod Assuming oil...

  1. digital
    192 Posts.
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    17/10/04
    15:35
    Post #: 617368
    re: 14 oct 2004 icn epe: nulla nulla-1 to spud tod Assuming oil price of US$30 pb. approx. AUS$40.

    If profit is AU$5 pb.

    27.5 x 33.33% x A$5 = AU$45mill

    current market cap = $16mill

    if they strike oil sp should move up
    ICN Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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