EMP BRU REY

Ann: Derby Block Update & Backreef Oil, page-14

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  1. iona
    756 Posts.
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    02/12/14
    10:32
    Post #: 14391036
    bhutos - are you saying the Derby Block could have $9 billion worth of gas?

    Does this mean lil ol OBL, currently with market value $4.6 million, has an asset there (not counting Bass Strait or Cyrano) that is 2000 times its market cap?

    You certainly can wonder sometimes about the market and the time it takes to catch up.
    OBL Price at posting: 0.5¢ Sentiment: None Disclosure: Not Held
    REY Price at posting: 8.5¢ Sentiment: None Disclosure: Not Held
    BRU Price at posting: 46.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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