OTCPK:WSRLF - Post by User
Post by
vindaloo_u2on Aug 11, 2012 4:33am
533 Views
Post# 20206972
GKP/WZR resource comparison
GKP/WZR resource comparison hey guys...i'm trying to compare gkp and wzr resources/value (oil only). It's somewhat difficult since gkp has only released OIP figures. WZR has released OIP figures once, and only for the Oligocene (Mean 4.1 billion, .464 billion discovered, the rest being undiscovered). GKP's Ryder Scott report from a couple years back separated discovered and undiscovered OIP while the more recent DGA reports OIP without the differentiation (Mean 13.7 billion for Shaiken). Does anyone know what the discovered resources for shaiken are? As of now, gkp (shaiken) has only 3.34 times more mean OIP than just the oligocene of kurdamir. GKP's market cap is still 4.7 times greater than wzr's (fully diluted). It seems to me that once/if the eocene and cretaceous Mean OIP figures are released (adding around 2.5 billion mean OIP?), wzr's share price would need to more than double overnight to re-balance with gkp's mc.