RPM 4.94% 7.7¢ rpm automotive group limited

early birds club

  1. 34,604 Posts.
    hi guys

    one to watch out for Wirraway #1, Targeting 8 mmbls. Follows on from the Growler well.

    RPM 20% interest..= 1.6mmbls

    using a discounted AUD$50bbl = AUD$80mm

    AUD$80mm divvy by approx 187mm shares = .42cents per share.

    unrisked at P.O.S 30% = .13cents per share

    we should see some upside once drilling commences..

    as usual DYOR

    regards
 
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