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0.00% 2.1¢ emperor energy limited

Wow, 78.7M barrels of oil equivalent to OBL. At only A$10/barrel...

  1. iona
    756 Posts.
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    29/10/14
    11:26
    Post #: 14199519
    Wow, 78.7M barrels of oil equivalent to OBL.

    At only A$10/barrel of oil equivalent in the ground that is A$787M worth and 86.66 cps based on 908,054,027 ords.
    Using only the best estimate recoverable liquids of 17.5M barrels at A$10/barrel in the ground that is 19.27 cps.

    OBL is capitalised at only A$6.5M on the market. Am I missing something here in the sun in Perth?
    OBL Price at posting: 0.7¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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