Also to give context, the revenue part was plucked out of thin air. We might have $4B or $8B in revenue in 10 years time. None of us know how much gas is there or if liquids are present as well, so the number was a what if. I suspect total gas in the entire basin will be a lot more than 7Tcft...
Also from my interpretation the 1% royalty only applies if IVZ are successful. If the lease were to transfer to another entity for whatever reason, then the 1% disappears (as in govt decide to give lease to someone else).
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Last
6.8¢ |
Change
0.001(1.49%) |
Mkt cap ! $96.41M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 150899 | 6.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.9¢ | 131225 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 150899 | 0.068 |
1 | 150000 | 0.067 |
6 | 376496 | 0.066 |
5 | 893384 | 0.065 |
1 | 100999 | 0.064 |
Price($) | Vol. | No. |
---|---|---|
0.069 | 131225 | 1 |
0.070 | 494994 | 5 |
0.071 | 370417 | 2 |
0.072 | 550000 | 2 |
0.073 | 460000 | 3 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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