Just did a quick calculation based on Iians claim via upstream claiming 1.6 bill recoverable estimate.
If this value is realised, at todays crude price of $67 we are talking >100bill gross valuation.
Also worth noting that estimated recoverable range per table 1 in recent estimates is between 422 ( x 67 = 28 bill) and 5092mill (x 67 = 341 billion) @ 100% stake )rounded
Certainly seems to be an attractive pitch for our next major who could even be Total or Galp. Thought process being that both looking to be near term producers and having reserves nearby means lower infrastructure cost
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Last
1.2¢ |
Change
0.002(15.0%) |
Mkt cap ! $93.57M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.2¢ | 1.0¢ | $100.7K | 9.320M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 22124 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 6100615 | 13 |
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| Last trade - 13.51pm 17/06/2025 (20 minute delay) ? |
| PCL (ASX) Chart |