MEO meo australia limited
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Anyone want to guess at a valuation for a company with 30% of...

  1. da10bagger
    852 Posts.
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    13/06/14
    09:36
    Post #: 13519623
    Anyone want to guess at a valuation for a company with 30% of 500 BOPD ? This is still yet to be validated as they are still a horizontal drill away from possibly achieving this target. basic summs ? .... 30% is 150 BOPD ... 150 x $100 per barrel. 15k per day . Surely some valuation estimates are possible with this ? 15k per day ...$5,400,000 PA ... not bad for a mkt cap of 21m...
    MEO Price at posting: 2.8¢ Sentiment: None Disclosure: Unspecified
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    lightbulb Created with Sketch.  Great analysis
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