Very rusty - but assuming a ten year field life at 2.5mmcf/d and a net price of $8/gj - we'd see a PV10 value of approximately $50m (10% compounding discount over the ten year life). That's about 13cps. Realistically that seems much, much too high. Without doing any calcs my gut feel had been around $10-15m of value or 2.5 to 4cps. What that doesn't factor in is the derisking of Odin and other prospects, along with a farmout of the other ATP becoming a reality. I've got no idea how significant the oil shows are; but that could blow everything out the window on top of those factors.
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.674M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 16630498 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 10381720 | 9 |
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| Last trade - 16.21pm 25/07/2025 (20 minute delay) ? |
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