RE: Valuation16 Feb 2019 12:30
DelBoi
Posts: 552
Opinion:No OpinionPrice:2.675
RE: 8p
4 Feb '19
LOGP's share of Barryroe - 34MMBOE - 2C resources - Currently valued at $0.68 a barrel.
We could easily see this trading at a modest $5 a barrel in 6-9 months, which translates to approx 19p, very achievable.
We might see the chinese take us out before then.