I know it's only academic and really just pie-in-the-sky but if EGO was to hit 60+ then that would in theory value Stokes Bay at approx $9.5 Billion NPV all things being equal and nothing else taken into consideration.
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Aye, I fully respect BG, i'm not really poking at his fun figures, just more continuing the EGO vs EMR thing pointlessly because 60c-$1 is so close and i'm bored waiting to leave work, but based on the ~1TCF (which I think we shouldn't even be contemplating) that would have bumped ARQ to $2 and EMR to $1, it's more like:
ARQ: $2.06 FAR: 23c PCL: 17c EGO: 6c EMR: $1.00
'Course EMR is now a little more diluted and would only be 92c
At least EGO have their leverage back atm.
But thanks BG... EGO at 60c.. man.... lol.. given me something to daydream about.. hah.. only need 450mmbbl or so and $1000 worth of EMR oppies would make you a liquid millionaire! :)
ARQ Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held