jembsb, fair enough comments. You say that Crux is below expectations, that's correct if you consider best case scenario and asociated valuations. I think most people will have moved on from looking for best case scenario by now.
What about the conservative broker estimates of around 42 mboe and associated SP value, which are confirmed from Crux-1 exploration already........and we agree that Crux-2 has confirmed the field extension......so I am betting on an upgarde in the not too distant future.
As we know Crux-2 was planned to be one of several appraisal wells, it will be nice to know when the next drill will be. As many have already stated, there may be more upside in this field yet to come.......time will tell.
share price retrace, page-4
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22.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $65.73M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 23.5¢ | 22.5¢ | $19.14K | 83.91K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 16007 | 22.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 272 | 1 |
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| NXS (ASX) Chart |