Talking about the share price being at $1 would mean that the Market Cap would be of the order of $8 Billion.
Because we will own 20% of the resource that will value it at $40 Billion.
How much Oil do we need to find to create that valuation at $4USD per Barrel.
Oh that's easy 10 Billion Barrels.
Does anyone know if that is an achievable number?
As Tui says "the drill bit will do the talking".
As an aside .... I will be extremely happy if those who predict a $1 share price are correct ..... !!!!
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $89.50M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.1¢ | $11.97K | 1.011M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 7126523 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 508407 | 2 |
View Market Depth
| Last trade - 15.32pm 01/07/2025 (20 minute delay) ? |
| PCL (ASX) Chart |