TPT
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0.00% 0.9¢ tangiers petroleum limited

44.5 cents per share? x 252M shares = A$112M divided by...

  1. Two Hearts
    41 Posts.
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    29/07/14
    09:37
    Post #: 13729017
    44.5 cents per share?
    x 252M shares = A$112M divided by 106mmbbls (trident)
    So RFC Ambrian is valuing a discovery at just over A$1 per barrel.
    Try between A$4-6 per barrel for a true valuation, or A$2 per share
    TPT Price at posting: 14.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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