re: waiting on??!! hi lyns
shouldn't be long now..
things might hot up today..
see below, recent posting from Blue Griffins
One final simple valuation for those interested for post announcement applications.
i)Recoverable reserves @ 20mbls.
20mbls x 0.22279 = 4,455,800bls.
4,455,800bls x AUD$20 = AUD$89.116m.
AUD$89.116m divided by 650m fpo = 13.71c per fpo valuation.
ii)Recoverable reserves @ 25mbls.
25mbls x 0.22279 = 5,569,750bls.
5,569,750bls x AUD$20 = AUD$111.395m.
AUD$111.395m divided by 650m fpo = 17.13c per fpo valuation.
iii)Recoverable reserves @ 30mbls
30mbls x 0.22279 = 6,683,700bls.
6,683,700bls x AUD$20 = AUD$133.674m.
AUD$133.674m divided by 650m fpo = 20.56c per fpo valuation.
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