shakes : From their AGM the figure was based on a Working Interest of 35%, recovery of 40% and NPV of $15/barrel gave a value creation of $2.1 Bill .
With high oil price and im guessing to go higher over time, I worked on NPV of $20/barrel gives $2.64 Bill with 33% WI.
Now thats about $2.50/share in value sucked dry.
So one would assume with all risk gone, drills completed and flowing, a build up of 50-80c btwn now and then.
shakes : From their AGM the figure was based on a Working...
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Last
86.0¢ |
Change
0.010(1.18%) |
Mkt cap ! $193.8M | |||
| Open | High | Low | Value | Volume |
| 85.0¢ | 86.0¢ | 85.0¢ | $62.51K | 73.42K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1051 | 85.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 86.0¢ | 14495 | 1 |
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| Last trade - 14.38pm 29/08/2024 (20 minute delay) ? |
| NDO (ASX) Chart |