in my view $200 million per year is not unrealistic ....
looking at what we have visibility on
$8,000,000 galpeg phase 1 $3,000,000 co2 WFE x 4 wells - $80,000,000 (assuming wells continue in this vein) WFE existing oil revenue $4,000,000
all possible within 12 months
total $95,000,000 usd
/ .62
$153.000,000 aus
to hit 200m I would say voyager, more WFE & galoeg success and the rev number is certainly possible.
not withstanding a decent multiple for a growth share...
let's say multiple of 8 - is a share price of 47 cents, of course I have no visibility on dates, but definitely possible. Once they are allowed to talk revenue I'm sure it will change things.
of course I would doubt that even if the price got to that - there will be others invested - as I'll be out before then!!
BNL Price at posting:
0.8¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)