Hi guys
How far can this go on reserves plus cash value
Assume 15 Mboe post Beibu of producing reserves
15x 30 dollars per oil barrel 450 m ( all barrels will be developed and in prod )
Add cash and RSC inv 90 million
100 m for Balai value
640 /341 current market cap
Upside on reserves value 92 cents
No value for Bohai or Block H included
Similar upside on a PE calc using a PE of 12 ish ( sector average 18)
Hi guysHow far can this go on reserves plus cash value Assume 15...
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