Nice update.
"Production rates are dependent on the oil handling capacities of the leading FPSO’s under consideration for the project as initial reservoir and well performance are modelled to exceed the vessel capacity."
Interpretation - We're going to need a bigger boat.
Estimated US$750m value before any further exploration success based on current Brent pricing.
Looking forward to the 3D and subsequent farm out.
$15m market cap with ~$7m in the bank
PS only 10 likes on this ann = unknown by the market
Ann: Dynamic modelling shows the power of Kuda Tasi & Jahal, page-2
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Last
6.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.47M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 16523 | 6.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.5¢ | 20307 | 2 |
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| Last trade - 16.12pm 13/06/2025 (20 minute delay) ? |
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