Cosmo,
That is US 50 c/bbl for the firt 100 mm.
The values are for gross, so they will actually be paying 0.62, 2.5 and 3.25 USD/bbl for resources.
The look through to CVN is going to spook the market a bit tomorrow imho.
I expect STO has got a bit of the steal though, tacked something on to a deal almost set, for the Dorado surprise and played hardball with a keen seller?
Happy to hold and see the $/bbl figure rise (hopefully) as we move through to FID and beyond.
EL
Quadrant Energy acquired by STO, page-14
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Last
16.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $286.2M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.5¢ | 15.5¢ | $696.5K | 4.350M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 841466 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 1570125 | 13 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| CVN (ASX) Chart |