PRM 0.00% 0.7¢ prominence energy limited

sleeper, page-8

  1. 5,447 Posts.
    must be worth more than $5 million SUR oil assets and prospects must be worth more than the market valuation. Disregarding cash in bank, $5 million seems to be the value. The oil and gas on the NW shelf must be due for revaluation at the new high oil price. What was uneconomic yesterday is economic today. Also the Malta oil and gas project needs re-rating since Libya has been brought into the western fold. Huge potential there. If GBP is valued at 24 cents what should SUR be?
 
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