RMP
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0.00% 1.7¢ red emperor resources nl

Happy to learn more from other posters but my research suggests...

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  1. aaremms
    2,994 Posts.
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    10/02/19
    12:37
    Post #: 37389652
    Happy to learn more from other posters but my research suggests 400 is the ‘prospective reserve’ which is the recoverable portion - so we don’t need to apply the 30% on this again. Also if 30 gave CVN a $250m increase, we should expect $750m minimum? Nice dreams but first we need to find a hint of hydrocarbons!
    RMP Price at posting: 7.9¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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