The "fail' scenario at only 5000 barrels a day with net to May of say 1000 barrels a day of heavy crude after government share will see the share price will get slammed if this is the end state of the project ?
NZO is producing at 3500 barrels a day and is only priced at 100 mill market cap.
HZN is producing net 5000 barrels a day is its market cap is 280 mil
The hope for this stock was always MAY is priced on eventually finding a huge field that it can potentially produce 20k, 30k, 40k barrels a day from ?
The "fail' scenario at only 5000 barrels a day with net to May...
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Last
4.9¢ |
Change
-0.002(3.92%) |
Mkt cap ! $165.1M | |||
| Open | High | Low | Value | Volume |
| 5.3¢ | 5.4¢ | 4.9¢ | $221.3K | 4.363M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 162950 | 4.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.1¢ | 517271 | 1 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
5.0¢ |
Change
-0.002 ( 5.89 %) |
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| Open | High | Low | Volume | ||
| 5.4¢ | 5.4¢ | 4.9¢ | 2168737 | ||
| Last updated 15.59pm 16/05/2024 ? | |||||
| MAY (ASX) Chart |