re: Ann: Drilling commenced on Williston Basi... Slick,they are drilling now, just not as operator ....all the same by me ....stock trades very thinly and clearly has no one caring for it at present but the value is there as far as I can see.....looks like they expect to get back about 5x what they spent drilling each successful well with money back in less than 12 months ....if costs drop as indicated then I see no reason for EMR to rerate at a much high valuation....and surely the bigger USA funds will eventually recognize this .... Patience.....meanwhile seems just about you and me....might be easier to go and discuss over a beer ...
Ann: Drilling commenced on Williston Basin Bakken, page-3
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Last
$3.85 |
Change
0.060(1.58%) |
Mkt cap ! $2.529B | |||
| Open | High | Low | Value | Volume |
| $3.91 | $3.91 | $3.81 | $5.561M | 1.446M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 23495 | $3.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.85 | 13138 | 2 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| EMR (ASX) Chart |