Excellent - Many thanks.
TBH - Can't fault your numbers. Recovery is conservative (that 5% number has been mentioned several times, and I suspect that McDaniels will default to it as well). I think Evolution Capital had a Prospective Resource for the upper units of 103mmbbl, and if you are coming in closer to the 392mmbbl mark, the Block 9 valuation of 19 cents per share will increase markedly. And that's excluding the main game (A3).
Just a matter of picking an entry point for some, and then waiting a bit. News soon.
Kit.
Excellent - Many thanks.TBH - Can't fault your numbers. Recovery...
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Last
2.2¢ |
Change
0.001(4.76%) |
Mkt cap ! $74.14M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.3¢ | 2.1¢ | $86.84K | 3.908M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 2159839 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 205777 | 2 |
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| Last trade - 15.29pm 15/08/2024 (20 minute delay) ? |
| MAY (ASX) Chart |