so IRR of 500% is believable because the capex is so low because
The combination of the shallow target depth, relatively short horizontal length, lack of need for stimulation, and short tie-in, results in an all-in cost estimate for each well to be ~C$1 million on average
Ann: Drilling Update Gemini 1 2 3 and 4 Wells Sunburst Brooks, page-4
Add CE1 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.149M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| CE1 (ASX) Chart |
Day chart unavailable