RE: Oil and Gas30 Mar 2022 09:58
Assuming by September, we are on full production gas mode, angus share of as sales ,conservatively , will be £55-60 million PA less costs. Either way net profit over 12 months will exceed £50 million on gas alone and that equates to MV of £500 million at PE of 10. Assume all the warrants have kicked in and we have some 1.6 billion shares in issue. That equates to about 31.25pence per share. any ideas.