GREY:ROAOF - Post by User
Post by
bcjton Feb 03, 2004 2:00pm
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Post# 6994949
Cash flow from 10,000 boe aday
Cash flow from 10,000 boe aday10,000boe x $40.00 can=$400,000 a aday>Remember there is no royalty payments to the uk gov on north sea production.
$400,000 (can)x 350 days=$140 mill Div 65 mill shares=$2.15 EPS
Now which #x EPS should we use 4,5,10 etc = shareprice