The average value placed on 1P reserves (from the coys I've followed) ranges from $5 to $15. That's why people panicked.
660,000bbl x 5 = $3.3m
660,000bbl x 15 = $9.9m
So the value (to some/most in the market) is only as high as $10m.
Whether or not this is valid is a matter of opinion.
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Last
5.0¢ |
Change
-0.001(1.96%) |
Mkt cap ! $37.00M |
Open | High | Low | Value | Volume |
5.1¢ | 5.1¢ | 5.0¢ | $61.41K | 1.222M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 462354 | 5.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 450000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 462354 | 0.050 |
2 | 220428 | 0.049 |
2 | 1180647 | 0.048 |
1 | 200000 | 0.047 |
1 | 100000 | 0.046 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 450000 | 1 |
0.058 | 172431 | 1 |
0.059 | 25000 | 1 |
0.060 | 210909 | 3 |
0.062 | 80000 | 1 |
Last trade - 15.12pm 30/07/2024 (20 minute delay) ? |
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