RE: One of the locals comment. Interesting19 Apr 2022 21:14
Badprophet
Heron asset valuation @ $60/bbl is circa $250m.
At $100/bbl you get 67% uplift. I calculate that to be around 36p a share.
Excludes Velociraptor and 2 other Block V prospects with another potential 600 MMBO recoverable.
If each of 3 Block V prospects (200 MMBO each) also come through, then we could get valuation at or above £1.00 given only 898.5m shares in total