NPV10 estimated value CHAPPI was $8 per barrel, derived from estimates from a field which will take 35 years to drain. Divide the $8 per barrel by 35 years. What do you get lad ?
You want people to believe that Stat would pay $12 per barrel up front, before any development ? As I say, par for the course as you have been 100% wrong since you began promoting this. No question you're down a fortune unless you've sold some while ramping. I would suggest that your $12 per barrel, before development, is out and out ramping. The same as ugiebear's 800,000 barrels every fortnight and the same as Sellhigh's $100 per barrel x 257million barrels. Call it Team Triplets, you're all connected at the hip.
What you've done CHAPPI, is add $12 per barrel to the $8 per barrel NPV10, which is the estimated net AFTER 35 years of production. Your $12 per barrel is up front, on top of the 35 year estimate. Unbelievable that you would carry on that charade.
It shows that the value does indeed rise significantly towards first oil as Statoil only paid $7 per barrel originally I believe? That's a good reason to hope we don't ever get a speculative low-ball offer that's acceptable to the directors and shareholders. Talk of an early takeover will never get us the real value this is surely worth.
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