I think the reason it is a resource, not a reserve, is they have not demonstrated production at an economic price.
Obviously, BPT management believe they can produce at a price that will be economic (but I guess, contingent on higher east coast gas prices).
statoil takeover - early next year?, page-30
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Last
$1.25 |
Change
0.055(4.62%) |
Mkt cap ! $2.840B | |||
| Open | High | Low | Value | Volume |
| $1.24 | $1.26 | $1.22 | $14.93M | 12.07M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 166152 | $1.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.25 | 4801 | 1 |
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| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| BPT (ASX) Chart |