possible valuation, page-3

I haven;t had a chance to do it but Morgans did a report on VPE in Dec and would be good to take those figures out for a valuation. I agree mine is loose. From memory the 2p reserves worth were about 80 something mil and thats for 60% I assume. If I get chance tongith I will have a look at it.

Regardless of the value of the oil I feel with the 3d now in that whoever will need to pay a premium for us and I would be surprised if the directors let this go for less than 10c.