Gwenny was drilled by BHP, Idris is the proposed appraisal well. Think Gwenny was estimated to have enough to cover costs.
My thinking - chance of success at Idris was previously given at 40% owing to what was drilled at Gwenny. So even if you have to give away 80% at P50 = $1B x 20% x 40% = 80m or 15x current market cap. But in reality the scenario is either $0 or $200m for Idris (i.e. excluding any new vend)
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Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-29
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.532M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 5919984 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 1200000 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 5919984 | 0.005 |
6 | 2565280 | 0.004 |
4 | 2933333 | 0.003 |
3 | 3900000 | 0.002 |
1 | 2000000 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 1200000 | 3 |
0.007 | 12096435 | 11 |
0.008 | 142857 | 1 |
0.009 | 1500000 | 1 |
0.010 | 7154765 | 4 |
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