What im trying to say in the last paragraph, is that the $2.50 in value wont ever be built into the shareprice. (it might take 20yrs to extract)
But a % of that ie future earnings will be.
Building up to the drill / after the drill / then a build up to the commercial flow date and lastly after shes free flowing with all risk of the drilling gone.
When Gindy is free flowing, im guessing the share price will have built in 50c - 80c of the $2.50 in value.
However other JV's or drills will in conjunction with the Gindy data hopefully produce a share price in excess of 50-80c by the time Gindy is free flowing.
More wells make it more complicated.
Heres a Qu for an oil Techy; Fully developed how many wells would Gindara typically support?
1 billion barrels of oil - 80 billions gindara, page-6
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Last
80.5¢ |
Change
-0.005(0.62%) |
Mkt cap ! $183.5M | |||
| Open | High | Low | Value | Volume |
| 81.0¢ | 81.0¢ | 80.5¢ | $23.63K | 29.35K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 808 | 80.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 81.0¢ | 40159 | 3 |
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| Last trade - 13.26pm 07/11/2024 (20 minute delay) ? |
| NDO (ASX) Chart |