Shrewd Crude:Your quote below just shows how stupid you are...as...

Shrewd Crude:

Your quote below just shows how stupid you are...as your maths don't even add up...you dumb @#$@

------------------- Shewd Crude----------------------------

Present value=1/(1+discount rate)^years
PV=/(1.10)^5
PV=.62

therefore your project on discovery and flow testing is actually worth only 62% of the full value of the project with a discount rate of 10%... a more appropriate discount rate of 20% yields %40 value for project on discovery which has been discounted appropriately...