The $30b article was an interesting, the Jounalist was almost giving AP a bit of a backhand.
My take was that the $30b was based on the amount recoverable as best guess at the time, around 375mb at about $80/barrel so not an IGV indication but a saleable value, I could be completely wrong though.
But with Melbana's portion worth around $6b a IGV of 15% would be the ballpark billion-dollar company AP has touted.
IF, we see a resource upgrade of maybe 3 times initial estimates then maybe just maybe the magic of the mythical $1 per share may be possible.
Cuba Block 9 Operations Update, 12 March, page-108
-
- There are more pages in this discussion • 120 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MAY (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.4¢ |
Change
0.002(9.09%) |
Mkt cap ! $80.88M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.4¢ | 2.2¢ | $123.7K | 5.384M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2419592 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 3008000 | 13 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| MAY (ASX) Chart |