Paddy , I think the comments were more like "capable of up to USD10k per day" but "discounted back for shut-ins etc".
So this suggests circa $20/bbl revenue only , and therefore a maximum of 1m 'revenue' over 90 days?
No mention of NWZ2 or cash position?? Nor any specifics on what has actually been sold to date.
The market will focus on the next CR now , get that out of the way and the market can value this with more certainty (save for the uncertainty over sustainable longterm flowrates , frac/pump costs etc).
DYOR
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Mkt cap ! $31.86M |
Open | High | Low | Value | Volume |
1.6¢ | 1.6¢ | 1.6¢ | $11 | 667 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2389 | 1.6¢ |
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Price($) | Vol. | No. |
---|---|---|
2.3¢ | 2223 | 1 |
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No. | Vol. | Price($) |
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1 | 2389 | 0.016 |
1 | 50000 | 0.011 |
1 | 10000 | 0.010 |
1 | 369069 | 0.002 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 2223 | 1 |
0.029 | 161037 | 1 |
0.032 | 100000 | 1 |
0.045 | 22000 | 1 |
0.050 | 170000 | 1 |
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