short term trading week starting - 9th april, page-9

Heres a repost Graphic on QPN ($Mcap 12.2m)


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If this company had a large land holding in the NW Shelf then I expect it's mcap would be multiples of what it is now ...

But it's got ground in the South Sumatran Basin (one of 3 basins in Sumatra) which together have approx 60-70% more the resource of the NW Shelf...

From scale comparison pg 13, ASX Announcement named Investor Update 30 Nov 2011

NW Shelf = ~29,000MMboe
Sumatran Basins = ~47,000MMboe

So should it have a lower or higher M.cap ??

I'll leave you to work it out.

All is IMHO DYOR to confirm.