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Gold/Mining/Energy : Centurion Energy Intl Inc -- Ignore unavailable to you. Want to Upgrade?


To: David Raine who wrote (251)11/14/2000 3:27:56 PM
From: David Raine  Read Replies (1) | Respond to of 350
 
Research Capital Report Now Available

Research Capital’s research report is now available for download from Centurion’s website:

centurionenergy.com

Bottom line:

Our 12-month target price of $1.40 is based on 5.0x this year’s estimated FD CFPS and 4.2x 2001 estimated FD CFPS, using a risk-adjusted production estimate.

If Centurion were to deliver 100% success, and in a timely fashion, we project that the company's FD CFPS for 4Q01 could be $0.14, which when annualized implies a share price of $2.24 using a 4.0x multiple. Under this scenario Centurion would triple production over the next 18 months.