re: great value, some numbers - jojosydney
jojosydney,
good post - they are the sorts of posts that are good to see. Quite unbelievable that one can't find a subscription to an energy magazine that summarises and keeps up to date for each Aussie oiler Reserves (different categories) and quarterly producion, estimated future production etc... on a asset basis.
If you know of one then let me know.
By the way - have you compared STU to the potential for NDO if they can develop Galoc?
I would be interested to see what market cap you arrived at based on NDO share of Galoc estimated reserves and say flow rates of 8,000 - 12,000 bopd (2 producing wells).
I know what market cap range I get.
64 million dollar question is - can they pull it off?
STU Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held