5% of 6000BOED is 300/day times $80US equals $24,000/day to buy. Times 300 days equals $7.2M US per year to buy. I just used 300 days to allow some down time. Using a AUD of 90c thatt works out to be $8m/yr to BUY.
Add on the Upotia and we have some nice cash flow to keep things running.
kiliwani north, page-2
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.492M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $4.814K | 962.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 143365 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 6466798 | 10 |
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| Last trade - 15.04pm 08/11/2024 (20 minute delay) ? |
| BUY (ASX) Chart |