8.4 and climbing says live prices...
Quote from lse forum:
"At 7.7p with some spare cash bit of a no brainer multibagger in my opinion.
Totally derisked 330mboe. If you ascribe a value of $5 a barrel in ground price that alone is $1.6billion
We know 50api condensate is sold at a premium
$100 a barrel .gives a very healthy $33.3 billion.
Anywhere between the two values is pretty mind blowing with the mcap where it is at present."
Flaring Gas, light oil for sale, page-39
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