MDA 0.00% 5.2¢ modena resources limited

Camerina has 3 million barrelsMyogip has 16 millionCib Haz has...

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    lightbulb Created with Sketch. 5
    Camerina has 3 million barrels
    Myogip has 16 million
    Cib Haz has 25

    so 44 Million in total @ $80 = 3.2 Billion USD or 3.8 Billion AUD,
    less 28% ( Royalty ) = 2.7 Billion AUD
    Mod 15% = 405 million AUD
    divide by 170 shares = $2.38 per share and option

    and $ 14 million in cash from exercise of options.
    (I think $ 40 is too low for a barrel of Oil.)




























































































 
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