Smart, we know we are targeting 1 billion barrels with 300 mill recoverable. For the moment, let's forget about this 4 bill barrels noise, because that's all it is for now until proven otherwise.
20% of 300mill is 60mill net to RMP. At a reasonable $4-$5 per barrel that would still value RMP at over $1 per share. If you add to this Georgia and Shabell North which both will be worked on this year then this could easily go to $2-$4 or more.
Given the above, once again, how can you say the share price is over valued? Yes, if we hit a duster in S1 and more granite in Georgia I totally agree, but until we know the results stop spinning all this valuation crap. Let's not forget that S1 already has a proven working petroleum system before we even reached the primary and secondary targets.
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Last
2.0¢ |
Change
0.002(11.1%) |
Mkt cap ! $19.16M |
Open | High | Low | Value | Volume |
1.9¢ | 2.0¢ | 1.7¢ | $63.28K | 3.549M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 783304 | 1.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.0¢ | 611853 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 558764 | 0.017 |
6 | 1122127 | 0.016 |
2 | 1100000 | 0.015 |
6 | 1528182 | 0.014 |
3 | 217307 | 0.013 |
Price($) | Vol. | No. |
---|---|---|
0.020 | 611853 | 3 |
0.021 | 563525 | 1 |
0.024 | 120000 | 1 |
0.025 | 717082 | 1 |
0.026 | 244408 | 2 |
Last trade - 16.10pm 16/07/2025 (20 minute delay) ? |
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LITHIUM UNIVERSE LIMITED
Iggy Tan, Executive Chairman
Iggy Tan
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