"What is the upside? GLL plans to book a potential 500 PJ of 2P reserves from the current Glenaras gas project. Using the lowest recent industry 2P reserves transaction multiple ($0.44/GJ) would imply a value GLL of around $1.16/share. We note that some of GLL’s east coast gas explorer peers trade at over $1.20/GJ on a 2P basis"
http://galilee-energy.com.au/wp/wp-content/uploads/2018/07/GLL_Valuation_180710.pdf
Ann: June 2018 Quarterly Report & Appendix 5B, page-26
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Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.135M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 66128 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 61000 | 2 |
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| Last trade - 07.00am 27/06/2024 (20 minute delay) ? |
| GLL (ASX) Chart |
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