I think from memory that the NI article referenced the comparability of another company with a 5.5mmscf as being about 5 times our current share price. That to me seems to make a reasonable amount of sense for predictability.
Now obviously that's a trading price and value and not what a buyout would be - I'd imagine to buy the asset you'd need to offer more of an incentive than just what they could operate it at themselves. so end of year target for me depending on flow rates -
2+mmscf 15 cents
3.5mmscf 25-30cents
5+mmscf - 40-45cents
as I said add a premium if there's a buy out, add another premium if Mongolia confirms anything of note.
next 6 months could be very very interesting!
our challenge is going to be the churn of trading and profit taking - major speed humps at each of the CR levels to come.
I think from memory that the NI article referenced the...
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Last
12.0¢ |
Change
0.010(9.09%) |
Mkt cap ! $135.9M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 13.0¢ | 11.0¢ | $381.3K | 3.202M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 131400 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 20000 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
12.0¢ |
Change
0.010 ( 8.99 %) |
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| Open | High | Low | Volume | ||
| 11.3¢ | 13.0¢ | 11.0¢ | 1627269 | ||
| Last updated 15.58pm 03/05/2024 ? | |||||
| EXR (ASX) Chart |