STU 0.00% 94.0¢ stuart petroleum limited

re: great value, some numbers - analyser Hmmm, STU is fairly...

  1. 7,611 Posts.
    re: great value, some numbers - analyser Hmmm, STU is fairly valued atm imo.
    3.2mbo of onshore reserves are probably worth AUD40 mil
    Exp acreage is probaly worth another 20m

    NDO could arguably be valued similarly to what ChevronTexaco paid for UNOCAL ... USD10/boe in ground ..... but whats inground number do you use ?

    20mboe would make NDO worth USD200m vs a current cap of AUD40m approx.

    That may be conservative , or complete rubbish ;)

    SALTY

 
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