Valuation

  1. 20,966 Posts.
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    Hi guys
    I was doing some reading of Petra and Euroz research reports ( euroz 32c valuation / Petra 26c trying to work out differences
    the differences is Petra are using a much lower assumed price vs spot . If spot was used that would be 30c .
    furthermore both comment valuation will increase materially if they increase reserves ( highly likely on exploration results so far ) and the ability or monetise inventory within the year ( another 1.5-2c)

    so with a nine extension by two years valuation is likely ro move to mid to high 30s in both cases

    for the folks who follow shipping , can somebody provide an update on next ship set to sale and the tonnage please
 
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