NDO 1.83% 83.5¢ nido education limited

what's the downside risk?, page-7

  1. opt
    193 Posts.
    Hi Shakespeare,


    Thanks for the question. I spotted an error which increases the value. It always helps me to check the calcs.

    Assuming:
    NPV US$ 14/bbl
    A$/US$ 0.66

    OOIP 476 MMbbls
    RF 30%
    WI 30%
    Resource 43 MMbbl
    Value A$ 910 million
    per share 87 cents
    Risked value @ 20% POS 17 cents

    An upside sensitivity on an NPV US$ 20/bbl is
    124 cps unrisked
    25 cps risked

    I welcome feedback and would like to see how others model this.

    Regards,

    opt


 
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