the announcement is good but not HUGE in its self IMO....
1B+ shares on issue fuly diluted......
rough assumptions -
300 days production a year @ 450BPD and profit of $40PB - gives $5M'ish annually from the well....
can it justify a market cap of $100M ?
the announcement is good but not HUGE in its self IMO....1B+...
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Last
3.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $38.42M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 52552 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.5¢ | 100000 | 1 |
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