ECO Talk on CHAR Board: ECO SP target $2.81 ECO talk on CHAR board below from a poster about ECO immediate valuation $2.81 see below:
https://www.iii.co.uk/investment/detail?code=cotn:CHAR.L&display=discussion
I have been monitoring eco oil today, the share price there has been making steady gains since the resource upgrade on Sharon. Is up 17% earlier today and am anticipating them to make further gains.
I tried to improve some numbers today after looking at eco yesterday. I did a few mistakes with my initial calculations yesterday as i didn't take into account the 30% farmed out and still unsure if i need to take into account the scheduled 3 years expenditures.(i'm no jimmy) but I figure that since the resource upgrade they have become more attractive. I see that they are valued at
.0112 a barrel @ 1.11
I appreciate that we have done so much more and are about to drill but they are also due a resource upgrade very soon on their other prospect Guy. Could be something to look at while chariot is closed for the day 
I reckon that if they were going to be priced the same as in their feb presentation 0.03 then that would be equivalent to canadian dollars $2.81.
Anyway i could be way off the mark as like i said just trying to learn from others on here. One thing for sure is that Namibia is offering the sale of the decade maybe the century!