upto 500bopd ! monster news !, page-32

Surandy, have you looked at the figures they presented later on in the presentation, with estimates for operating costs etc... and using those you don't get 1.875M as they specified, in actual fact you should get:

Taking the figures from slide 9:
Assuming $70/barrel
Profit = Revenue from Lidsey + revenue from brockhman - opex = US$51.75/barrel

Assuming tax rate of 30%
Profit after tax = $36.225

Assuming exchange rate of 0.85 for AUD/US
Profit after tax = $42.6 /bbl

Monthly Profit = $108,675
Yearly Profit = $1.3M

Assuming it lasts 5 year (without any work-overs) and a discount rate of 10%, we get:
NPV of investment = $4.93M
per share = 4cents/share

So it's not as good as people are making it out to be, however, if the work-over is successful then its a completely different story...