WesternZagros Resources Ltd

Welcome To The WesternZagros Resources Ltd HUB On AGORACOM Edit this title from the Fast Facts Section
in response to hgs225's message

It's very difficult to evaluate with the little information we have on Saq-1 and determine its directly related resource potential. But if one were to look at current market cap ~ performance-related-indicators relationships the following justification can be made in general, regardless of the climate/country at hand.

2000 bopd = 137 million dollar market cap CAD (SP = 0.42 CAD)
6000 bopd = 400 million dollar market cap CAD (SP = 1.30 CAD)
100 MMbbl resource/reserves = 1.2 billion dollar market cap CAD (SP = 3.8 CAD)

this relationship between production/reserves/resources and market cap can be created by analysing many different companies and calculating the approximate linear trend which can be observed...

Anyway, just my 2 ct for now. WZR has a bright future. GL to all.

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Burnhard83
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WesternZagros Resources Ltd
Symbol
WZR
Exchange
TSX-V
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207 m
Industry
Energy & Environment
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