VPE
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0.00% 41.5¢ victoria petroleum nl

Roughly,Oil reserves: 2 mmbbl $60MOil appraisal: 1.2 mmbbl...

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  1. melua
    14,882 Posts.
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    12/02/10
    01:13
    Post #: 6321157
    Roughly,

    Oil reserves: 2 mmbbl $60M
    Oil appraisal: 1.2 mmbbl $22M
    Oil Exploration: 2.5 mmbbl $40M

    CSG assets: ATP 574, PL171 and Don Juan: $140M
    Cash: $40M

    Total: $302M
    No of shares: 524M
    valuation: 57c

    Please note these are my own back of envelope figures and I am not a qualified analyst.
    VPE Price at posting: 25.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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