If 60Tcf of gas is indeed recoverable, this share is worth as a minimum $3/share, repeat minimum. And that is at just 5 cents per GJ in the ground.
At 10c per GJ in the ground, it is worth at least $6.
IMO that is just too much gas for the majors to leave at the current valuation. I expect a major farm-in or T/O within the next 3-6 months.
Regards,
OK
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$1.40 |
Change
0.030(2.19%) |
Mkt cap ! $3.193B | |||
| Open | High | Low | Value | Volume |
| $1.40 | $1.41 | $1.38 | $10.17M | 7.274M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 43338 | $1.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.41 | 46719 | 6 |
View Market Depth
| Last trade - 16.20pm 23/07/2025 (20 minute delay) ? |
| BPT (ASX) Chart |