the target of 500bopd will mean $12mill pa at $US70
that means at a PE of 10 we are talking $1 sp
plus the first two fields are being viewed as a quick stepping stone into further wells over the next year
short term, 200bopd = 40c shareprice
all for the one lousy project
the target of 500bopd will mean $12mill pa at $US70that means at...
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