I dare say MAY will have 1.5B barrels recoverable by 26 and net production including lower sheet of 15,000bopd by end of 2026 including a 150,000 bopd pipeline commissioned ($100,000,000 profit per annum at $20/bbl) it will be valued at 35x on a TO because that 15,000 bopd will rapidly increase to 50,000 bopd once pipeline is done.
$1+ easily with this sea of oil in the lower sheets. Marti will wake up the market this Easter hopefully…
I dare say MAY will have 1.5B barrels recoverable by 26 and net...
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Last
5.5¢ |
Change
0.002(3.77%) |
Mkt cap ! $185.3M | |||
| Open | High | Low | Value | Volume |
| 5.2¢ | 5.5¢ | 5.1¢ | $261.5K | 4.892M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 125000 | 5.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 422199 | 2 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
5.4¢ |
Change
0.002 ( 3.85 %) |
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| Open | High | Low | Volume | ||
| 5.3¢ | 5.5¢ | 5.1¢ | 1548133 | ||
| Last updated 15.58pm 06/05/2024 ? | |||||
| MAY (ASX) Chart |