Auctus Analyst Feb 24 2021 - $1.07 CAD New Price Target - Greater estimated reserve recovery.
Brent at $50 = PetroTal at $1.07 CAD - £0.60
Brent at $55 = PetroTal at $1.24 CAD - £0.70
Brent at $60 = PetroTal at $1.42 CAD - £0.80
Brent at $65 = PetroTal at $1.60 CAD - £0.90
Brent at $70 = PetroTal at $1.78 CAD - £1.00
Brent at $75 = PetroTal at $1.95 CAD - £1.10
Brent at $80 = PetroTal at $2.13 CAD - £1.20
According to Auctus - For each US$5/bbl increase in Brent price, our Core NAV increases by ~£0.10 ($0.18 CAD) (per share.)
https://www.newsfilecorp.com/release/75307/ https://www.auctusadvisors.co.uk/research-portal