BUY 0.00% 0.5¢ bounty oil & gas nl

reason why it may go higher, page-14

  1. 2,409 Posts.
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    loki01. I still go by what i posted earlier below. Before issue of 52m shares

    Table of figures for PEP11.

    Constants used:

    Recovery Factor = 70%
    Fx = 0.80c
    mcf = $us50c or $A62.5c
    Stake = 15% BUY
    Shares on issue = 553m

    1tcf = $A66m ~$0.12c share value
    2tcf = $A131m ~$0.235c
    3tcf = $A197m ~$0.355c likely! maybe
    4tcf = $A262m ~$0.47c
    5tcf = $A328m ~$0.59c
    6tcf = $A394m ~$0.71c Here is hoping!
    9tcf = $A591m ~$1.07c Even better!
    12tcf= $A787m ~$1.42c Dreaming!
    16tcf= $A1050m ~$1.90c Cloud nine! whohooo
 
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