Ann: Gapstow Full Field Development, Final Well Being Drilled, page-8

150BOEPD at 70% is something like 150*.7*$75 + 150*.3*$15 =$7875+675 = $8550 in USD which is around $13k per day in AUD, and that's net.

If you look around the ASX specs for companies with an EV of $30m and thought about how their share price would react landing a $10m pure profit deal (over two years) you'd think it wouldn't be down a pip.

Now obviously this was previously announced so it's not new news, but $10m is an okay pay day for this company.

I'm beginning to think that a 0.1c/share dividend starting from this year would be prudent, announced for FY24 (BRK EOFY is 31/12 I think?) to be paid in June and Dec 25 ($0.005c full and interim) A buy back could be on top of that if the company is flush with funds.

That should see a rerate to 2c or so just on its own.