PPP pan pacific petroleum nl

Enterprise ValueNet Cash say..............A$100..MilOil in...

  1. 498 Posts.
    Enterprise Value

    Net Cash say..............A$100..Mil
    Oil in Ground say A$50
    per Barrell x 350000......A$175..Mil

    Tui Upgrade Potential say
    200000 Barrells x A$10....A$20..Mil

    Corvus To sell say........A$10..Mil

    Maitland to Sell say......A$20..Mil

    Total.....................A325..Mil

    EQUALS 55 cents per share

    Why are the Directors not buying these shares ???
    So they are evaluating a better investment
    "Yeah Right"
 
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