AQA CUL

re: Ann: MAIDEN RESERVE - CATHO WELL CHANNEL ... Tully,...

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  1. let_it_roll
    144 Posts.
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    14/12/10
    17:25
    Post #: 7611572
    re: Ann: MAIDEN RESERVE - CATHO WELL CHANNEL ... Tully,

    According to table 3 in the announcement, margin should be abt $69/t. Which wouild equate to a resource value of $1.45B. Yes that's Billion. Or $2.20 per Cullen share, fully diluted. Am I missing something here! Surely that can't be right.
    CUL Price at posting: 4.8¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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