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