Hi Nip,
If both projects some in, each would be worth ~$500 million at least you'd think. That's ten times the current market cap, even with the recent dilution.
I still think there is significant upside in a successful case.
Also, if we can sell gas from Erregulla first, then funding the completion of Jaws becomes some much easier.
A long way to go, of course, but there is still a very viable path to Strike becoming a mid-tier O&G company without further dilution.
Ann: West Erregulla 2 Update, page-49
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Last
22.5¢ |
Change
0.005(2.27%) |
Mkt cap ! $644.7M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.5¢ | 22.0¢ | $662.4K | 2.969M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 1619370 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 540792 | 8 |
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