Actual MCAP on 20,000,000 barrels17 Feb 2009 23:49
I'm not good at figures here but 20,000,000 X $50 - say 50% recovery costs is $500,000,000 which equates to $10.4 per share !! Someone tell me im talking rubbish?
Ive been stung listening to rampers. If you sell you have deffo lost it. Depends wether you think this one will get your money back in the midterm. I aim to buy into metals while low for long term. It could get back to 10p within 1 to 2 years but depending on the financial and political idiots scurrying about like headless chickens i think it will be the latter