In fairness @Firezone no one is suggesting 250 BCF would re-rate the company to 50c in isolation. But I don't think anyone (especially you) seriously thinks the Nomgon results represent the sum total of what EXR will find in their 30,000 sq/km area.
I also don't think everyone expects every hole drilled to be a winner in the multiple sub-basins.
Importantly, what Nomgon has shown, is that management know where to look, and if they can do it once, they can do it again, hopefully over and over.
Also, most price predications are predicated upon certain milestones being achieved.
I rarely disagree with anything you point out, except I enjoy the exuberance, and I think your contributions over the last few days of rocky trading have been outstanding where you pointed out the underlying value of the asset, but, sometimes, maybe just a little, you like to find a grey lining in a silver cloud, even if it's not there.
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Last
16.0¢ |
Change
-0.020(11.1%) |
Mkt cap ! $185.4M |
Open | High | Low | Value | Volume |
17.0¢ | 17.5¢ | 15.5¢ | $1.503M | 9.241M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 378288 | 15.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.0¢ | 441688 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 358429 | 0.155 |
28 | 1121344 | 0.150 |
12 | 1792717 | 0.145 |
17 | 944929 | 0.140 |
8 | 754182 | 0.135 |
Price($) | Vol. | No. |
---|---|---|
0.160 | 441964 | 7 |
0.165 | 407521 | 5 |
0.170 | 279204 | 5 |
0.175 | 188527 | 6 |
0.180 | 554295 | 7 |
Last trade - 14.44pm 29/08/2024 (20 minute delay) ? |
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