Wow, 78.7M barrels of oil equivalent to OBL.
At only A$10/barrel of oil equivalent in the ground that is A$787M worth and 86.66 cps based on 908,054,027 ords.
Using only the best estimate recoverable liquids of 17.5M barrels at A$10/barrel in the ground that is 19.27 cps.
OBL is capitalised at only A$6.5M on the market. Am I missing something here in the sun in Perth?
Gippsland Update Rerating
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Last
2.1¢ |
Change
0.001(5.00%) |
Mkt cap ! $9.507M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.1¢ | 2.0¢ | $75.81K | 3.742M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1618570 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 566666 | 4 |
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