MBT mission newenergy limited
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valuation...., page-2

  1. buffett
    3,309 Posts.
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    21/10/09
    09:20
    Post #: 5808726
    Snakeeyes 28,
    Miles off the mark. Acres of land don't determine oil resource. Also need to determine a realistic figure for annual production, can't just assume production from 350,000 acres, unfortunately valuing companies is not that easily.Also where did you costs come from, or were they just guesses?
    Regards
    Buffett
    MBT Price at posting: $12.50 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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