Like I said the area that MAY are 30 percent ownership is 6 billion barrels.
2 billion barrels are theirs. On this 1 well their conservative appraisal it is 126 million barrels which is 100 percent theirs. WGO appraise 32 million barrels 400 million market cap and the area is significantly less than MAY
This is not IVZ it has already discovered oil, it’s discovered a movable hydrocarbon system it’s done it. This is not a guessing game anymore do you understand? Which you seem to not understand. Your in IVZ calling a 60 cents 800 million market cap in discovery, MAY has already done it it’s already there. It will be producing at end of March with all infrastructure ready to go, IVZ is 3 years away in producing do you understand?
The market cap before appraisal will be 800 million because it will return back to all time highs in anticipation of a jump to a 1.5 billion dollar company on appraisal which 50 cents a stock.
Price does not jump from 5 cents to 50 cents in one day. This will be 20-25 cents before appraisal hence the rerate has begun because the well and discovery is already there. Enjoy and keep complaining because this is running and fair value right now is 20-25 cents before appraisal that’s just fact
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Last
2.2¢ |
Change
-0.001(4.35%) |
Mkt cap ! $74.14M |
Open | High | Low | Value | Volume |
2.4¢ | 2.4¢ | 2.1¢ | $444.7K | 19.98M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 2048367 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 1402823 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 650000 | 0.022 |
21 | 2312018 | 0.021 |
29 | 4624745 | 0.020 |
11 | 1388627 | 0.019 |
3 | 535055 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 1311657 | 4 |
0.024 | 3142174 | 9 |
0.025 | 3859683 | 6 |
0.026 | 326965 | 4 |
0.027 | 2632940 | 7 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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