RE: TOP UP18 Mar 2021 02:42
Where abouts are you, as its early hours here in the UK.
A few of the more experienced investors have been posting, getting my brain working..Slowly the report is starting to go in,,
information overload for me, like starting jigsaw, a mass of pieces..
The Unrisked(P50) £1.02 sp is just for the 3 drill wells, ~17bcf combined, total NAV ~$750mm..
Then you have the 120 bcf for the other 18 Rukwa wells.
Two of these could have over 20bcf each, another about 16bcf(P50)..
Plus Eyasi and Balingida sometime in the future..
The reports production model is based on a 6bcf find...and helium at $250/mcf
Although it did mention breaking even with 2bcf
But I need to spend some more time reading,
Sounds too good, just hope the interpretation of all the data is spot on, and the data is good