I see EEG as a distraction. Limited scale, limited depth, limited productivity.
They will be a decent little short term stock play but ultimately immaterial in productivity and valuation. Tamboran's EP136 alone can produce over 4X the productivity and reserves.
The south end of EP161 which generally isn't even viewed as prospective, or will never be gotten too again has multiples of the gas EEG does if EEG works.
Let's guess the US offering price., page-31
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Last
14.0¢ |
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Mkt cap ! $251.1M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.0¢ | 13.5¢ | $54.80K | 391.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6337 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 73870 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| TBN (ASX) Chart |