Lets do some bsic sums shall we.
Lets see if the shallows are cost effective.
Lets keep it really simple
If nido produced 2 million barrels of oil and after all cost made $30 profit from these two million barrells that would be 60 million dollars profit.
If kik did the same and made 60 million dollars profit that would be 3X their current market cap
If the poo in 2010 is $100 then.... well you work it out.
re kik announcement out, page-32
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Last
85.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $193.8M | |||
| Open | High | Low | Value | Volume |
| 85.0¢ | 88.0¢ | 85.0¢ | $123.7K | 145.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 212002 | 85.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.0¢ | 29650 | 1 |
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| Last trade - 15.59pm 10/07/2024 (20 minute delay) ? |
| NDO (ASX) Chart |