It is a good deal. Your 100% sole risk scenario is for that well only. WBE is going from 20% ownership in the Rex field to 50%. The extra 30% if ownership of 20m barrels is worth the funding arrangement.
Melbourne Proactive Presentation, page-9
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Last
1.1¢ |
Change
0.001(4.76%) |
Mkt cap ! $2.723M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.1¢ | $8.137K | 739.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 1532206 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 796114 | 2 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| WBE (ASX) Chart |