Petro Rio S.A. HRTPF

Risk/Reward Ratio is huge 1/69

[DrillaHill]

If we assume the Risk to be -21,76%

with a possible TargetPrice at R$1,7/share (C$0,425/GDR)

presenting the cashburn until results from Murombe & a possible dry well

 

& if we assume the Reward to be +1428,92%

with a possible TargetPrice at R$33,47/share (C$8,37/GDR)

presenting R$4/boe (US$2/boe), wich I believe is quite conservative, as an emediate reaction to the shareprice, in the event of a discovery at murombe with pmean net unrisked 0,86*2,7bn boe = +R$9,29bn (US$2,32bn)

 

0,45/share / 31,32/share

 

resulting in a Risk/Reward Ratio of 1/69,

worth a bet, with a chance of success 23,5%...

& upcoming results of the gas monetization plan with

Subsurface resource capacity already established with base case 5 MM m

3/d and high case of 7 MM m3/d & Polvo field producing 8500boe net to HRT…

 

GLA

[robnhood]

And every day the risk/reward ratio gets better...  How good is that-- WOW

[DrillaHill]

Yes it does, good stuff isn't it, great opportunity to add up!! cheers & GL :)