Providence Resources - Re: PVR Stream Log - To give you an idea...

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Re: PVR Stream Log
16:35 14/01/2015
Godot
0 replies 0 0

To give you an idea of possible future value. If there was a profit of 5 dollars a barrel. 20,000 Barrels a day * 365 days = 36.5m a year. If the cost of capital was 15% then the value of this amount of profit every year for 20 years would be 3,739m. Divide by 1.2 to bring to euro= 3,115m.. If PVR have a 20% share of this then that would be 623m. or 9.59 a share.

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