For those new to the investment community there's a report out from Pareto that disusses the Risked and Unrisked poetential share price for QEC. If anyone has the link would you please post it. Basically what this means is as follows:

"Risk" is the risk associated with the prospect of finding a volume of hydrocarbons that's within the volume range ( 10-100 MBOE) specified for that particular prospect. Kind of a more realistic price for the near term one could expect IMHO.

"Unrisked" means that the risk is not taken into account when calculating the potential net volume of hydrocarbons specified for the prospect. Kind of like expecting to get all 7"S 97 X out of 100 everytime you pull the wheel at Ramma.

Example:

If the risk of finding hydrocarbons in the range is assesed at 20% and the prospective volume is 100 mmbo then the risked volume is 20 mmbo. if QEC`s share on the licence is 77.5% then QEC`s net risked volume is 15.5 mmbo.

When the link is posted you can put QEC`s numbers in and figure it out but a 1000 NOK per share unrisked is a pretty large number to expect at around 200 CAD per share. I would set my sights on the risked target and consider anything else as a bonus.

JQ:)