Post by
nozzpack on Feb 22, 2022 1:10pm
Likley Valiue to be Received for Staniskve in Sale
Go through the UroG costs to NAFTA and you will find it cost then about $6.6 million US.
This includes about $2.4 m for seismics and about $1.7 million for a drilling a well.
This value........$6.6 million US puts a floor price on Staniskve in any sale.
Afterall, Staniskve has about 20 Sq km in seismics and already 10 wells drilled but not year tied in for production.
If KUB has produced the only well capable of being drilled, then the Reserves can be re estinated relative to 2012.
Topside, prorata to RK NPV10 after Tax , it is valued at $55 million US.
Far too high as explained previously in the same sense that $6.6 million is far too low at current EU prices which is where NAFTA is sellling its gas.
So, my view is that Staniskve will get at least $10 million US in any sale ( $13 million CAD or $0.04 CAD per share.
Reserves update normally by mid March could come earlier if these assets are up for sale which seems to be the case..
Comment by
nozzpack on Feb 22, 2022 6:56pm
Stanivsje was listed as an asset in their most recent reserves publication listed on Sedar as of March 30/21..