CIG 0.00% 6.0¢ caspian oil & gas limited

Hi Raiderup, can you kindly explain your calculation - why...

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  1. 836 Posts.
    Hi Raiderup, can you kindly explain your calculation - why divide by 2, and how did you arrive at your estimate of 5.5 million barrels?

    With CIG having a market cap of only $14 million, if your calc's are correct, this could be a multi bagger.

    5.5 million barrels at $80 per barrel is serious money for a micro cap.
 
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