Antman4, how does 453PJ equate to 78MMbbls ?
If you are converting at the energy equivalent to get BOE's which many oil companies do in their reporting then it would be wrong. You need to convert at the economic equivalent and you will find that you get a very different number,.....much less.
Secondly, the $70 million per year was based on an $US/A$ exchange rate of 65cents. Now its more like $53 million per year.
Finally, pay no attention to brokers valuations. They only use the same assumptions NXS tell them to and then regurgitate the result.
Occam
Antman4, how does 453PJ equate to 78MMbbls ?If you are...
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NXS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
24.0¢ |
Change
0.015(6.67%) |
Mkt cap ! $70.00M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 24.5¢ | 22.5¢ | $15.37K | 65.99K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 36776 | 24.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 3501 | 2 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| NXS (ASX) Chart |