Is anyone else excited by the company snapshot slide? It tells us that the net present worth of future revenue discounted by 10% is US $335 million (3P) and US $789 million (prospective resource). These conservative figures compiled by Collarini are after deductions for royalties, drilling and development costs, production costs and well abandonment costs.
With a present market cap of A$104 million, I would think that there is plenty of room for upward movement in this stock IMO.
BYE Price at posting:
75.0¢ Sentiment: Buy Disclosure: Held
