SXA
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0.00% 7.0¢ strata-x energy limited

Recommencing operations ?, page-3

  1. Spozzie
    1,797 Posts.
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    19/05/16
    08:45
    Post #: 17808418
    I just did a reasonableness check on my Blue Spruce valuation.
    Chapman valued it at USD49M when oil was around USD80/bbl giving a margin of USD55/bbl
    Margin now USD20/bbl so....
    USD20/USD55 x USD49M = USD17.8M
    SXA Price at posting: 3.2¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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