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
bpt worth $3/share minimum imo
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Last
$1.28 |
Change
0.000(0.00%) |
Mkt cap ! $2.920B | |||
| Open | High | Low | Value | Volume |
| $1.28 | $1.29 | $1.27 | $6.419M | 5.024M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 32293 | $1.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.28 | 42322 | 3 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| BPT (ASX) Chart |