The resource will be worth something like 4-500 million over its life, and that's just for PRL 2. Add the other Wombat lot and you're staring down the barrel of close to a billion dollars of gas at current market rate.
Unless I've misread or miscalculated that is an insane set of assets to be sitting on particularly when you can just plug it into a nearby existing pipeline.
I slapped a little on LKO as a bit of a punt and now I'm sitting here thinking jesus this could actually be huge.
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 (20min delay)
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Last
$1.23 |
Change
-0.150(10.9%) |
Mkt cap ! $82.12M | |||
| Open | High | Low | Value | Volume |
| $1.40 | $1.45 | $1.18 | $341.3K | 257.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4253 | $1.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.27 | 2142 | 1 |
View Market Depth
| Last trade - 16.10pm 14/07/2025 (20 minute delay) ? |
| LKO (ASX) Chart |