RE: GOLD16 Feb 2024 19:40
@Tro, not sure what its going to do, numpty timed it wrong picking most up on the 0.31p share issue,,,
065 ?
Probably a question for PortfolioPower,
How would you relate NPV to the value of a company, or share price, say a new oil well valued at $100m, as obviously you can't get it out in one squirt, more like +10 years..
I see Malcy suggesting £2 if either of Delts wells come in, suggesting a £186m MC
Assuming they farm out half of Pensacola it would be worth NPV $100m, so not sure how he gets £2..
Current market capitalisation of £33.51m, at 38p, with approximately 93.10m shares in issue.