Had another look at the latest presentation and if you run the math OPL is still a steal at these prices, hence why sell-side has dried up.
Sledge Hamar: 30mmbbls @ 10% xA$15/bbl =A$45mn
Mc Cormack Road: 1Bcf @ 50% xA$3/Bcf = A$1.5mn
Cash in Hand: A$3mn
Hence OPL should theoretically have a market cap of A$49.5mn or 37 cents per share! This excludes all the juicy exploration / development upside to follow.
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- still looks cheap...
still looks cheap...
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Last
2.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.609M |
Open | High | Low | Value | Volume |
2.7¢ | 2.7¢ | 2.7¢ | $6 | 209 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 100017 | 2.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.7¢ | 542644 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 100017 | 0.026 |
2 | 777791 | 0.025 |
1 | 20000 | 0.023 |
2 | 125888 | 0.022 |
4 | 157162 | 0.021 |
Price($) | Vol. | No. |
---|---|---|
0.027 | 542644 | 3 |
0.028 | 81924 | 2 |
0.030 | 304937 | 2 |
0.031 | 350000 | 1 |
0.032 | 171881 | 1 |
Last trade - 12.31pm 17/07/2024 (20 minute delay) ? |
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OPL (ASX) Chart |