A small question to Unicorn and Bilo
Quote: -
Posted by Unicorn on 20-04-08 p206 #3082
http://www.sharetrader.co.nz/showthr...=5112&page=206
He valued Tui 84 cps and cash 21 cps
Quote: -
Posted by Bilo on 07-05-08 p238 #3568
http://www.sharetrader.co.nz/showthr...=5112&page=238
He valued Tui 400M, Cash and prospects 70M
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Unicorn and Bilo,
I have a small question on your both calcs on Tui’s value.
As we know that Tui has been produced about 30% (based on the latest 2P oil reserves 41.7M), those 30% production has become cash.
My question is: - Do we need to do a small adjustment on the calculations or you have done that?
Cheers
Bixbite
Maybe I was a bit smarter than you can recall?
I actually picked $1.63 (that you allocated me) and then you found a duplicate of that selection (and deleted me without advising me) so I had to pick the next available number a few weeks latter.