LMP 3.57% 13.5¢ l&m petroleum limited

wow 16.21 sp indicated conservative estimates

  1. 17,117 Posts.
    read the last page..........if only recovering 25% of the oil the value to the share is 12.63, and only recover 70% of foal seam gas is 3.58 per shares............total = 16.21............i can handle those figures.........see all the assumptions used in the calculations..........no blue sky in there.........used the loweest mean averages to get there.......now I am almost speechless.......
    cheers
    ps usually show no sentiment on most of my posts except for LMP and MEE which I believe are a strong buy for the long term investor
    cheers
 
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