the following post was made by Condog (aka OilGoldGas) on ASF, i am reposting it here for HC holders benefit
From march 8th Preso
5000 boepd post royalties by end of 2011.
$20K maintainance per well. Average interest of AUT approx 24% or so.
5000*340=1.7M boe * $100perboe $170M
80wells at $20K * 12 * 24% = $4.6M
Post royalty rev approx $165M
PE of 10 = $1.65 Billion
PE of 15 = $2.47 Billion
PE of 20 = $3.30 Billion
PE of 25 = $4.1 Billion
current mcap approx 380,000,000 * 2.90 = $1.1B
Sector average PE is genrally north of 20, its presently 24.
$4.1B over 380M = $10.79 per share.
Note this does not mean it will come true but its easy to see the potential on offer.
Im using $8+ as my projection. Which again doesnt mena it will be met, but thats my basic valuation using several methods.
the following post was made by Condog (aka OilGoldGas) on ASF, i...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$1.08 |
Change
-0.065(5.68%) |
Mkt cap ! $694.5M | |||
| Open | High | Low | Value | Volume |
| $1.15 | $1.16 | $1.07 | $2.039M | 1.835M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 21287 | $1.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.11 | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 11/07/2025 (20 minute delay) ? |
| FFM (ASX) Chart |