were expecting:
-reaching target depth on the 1st well at Virginia - hopefully this week, maybe next week
-some time to gather and analyse samples from this well
-a resource update at virginia (by end of sept, but gut feel prob mid to late oct)
were prob trading near or at fair value as is
The above news will materially shift the company value.
Management have given us a 90% chance to hit the low case prospective resource estimates (based on a whole heap of gathered info you can find in past announcements)
low case: 32BCF (Billion cubic feet) in ground value roughly $8.9Bn
were expecting:-reaching target depth on the 1st well at...
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Last
$1.01 |
Change
0.005(0.50%) |
Mkt cap ! $30.47M | |||
| Open | High | Low | Value | Volume |
| 96.0¢ | $1.02 | 96.0¢ | $19.38K | 19.24K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1638 | 97.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 99.5¢ | 859 | 1 |
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| Last trade - 14.30pm 15/08/2024 (20 minute delay) ? |
| RLT (ASX) Chart |