Looking forward22 Apr 2022 16:44
Afternoon guys and girls.
I have been doing some thinking ( dangerous ) and wondered on peoples thoughts about BP and a possible take over ( who knows when or if ) but we know Colin has always said they would sell if the price was right , which lead me to thinking what would be the right. Now this is not a ramp I am truly interested in people thoughts.
My own are worked out on the following.
So from previous information we are lead to believe that there could be 2B in the paradox 1B in the main well and another 1B in the upper layers. This will all be confirmed in the CPR.
So let’s say there are 1.5B being conservative at $80 a barrel $120B now I’m not silly and I know that’s when it’s all out, but if we worked on $0.75 in the ground [ sure someone will know the actual cost) at 1.5 B that would be $1.125B dollars. So if at present 7p is worth around $100m so that would be around 80p just to make it simple.
Now I know people will say that’s mile out or something else but as I said just my thoughts .
So if BP or who ever came in offering 80p would you say that was a good deal.
I know certain people will not want to speculate but I was genuinely curious.
Thanks
944T