love your work.thx for pointing us to this preso @The Mechanic they said it quite clearly...5% recovery was used across the board.
To get some perspective on prospect size...I convert the prospective numbers to OIP. To do this, essentially multiply the Prospective Resource figures by 20. So, using the 100% ownership numbers (may now has 30%):im in a dazed stupor at the moment...the oil looks light, if the permeability is there, this is going to be a monster.
- U1 is 500MM bbl; N is 800MM bbl and Alameda is 1.2B bbl - Best case. Now lets have a look at high case...
- U1 is 1.8B bbl; N is 2.6B bbl; and Alameda is 4.3B bbl
Ann: Drilling update at Alameda-1 - Strong oil shows, page-99
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Last
2.3¢ |
Change
0.001(4.55%) |
Mkt cap ! $77.51M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.3¢ | 2.2¢ | $1.022K | 46.20K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 3672592 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 389950 | 7 |
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| Last trade - 10.29am 30/08/2024 (20 minute delay) ? |
| MAY (ASX) Chart |