Friday Victorian wholesale gas hit $54/GJ 11x the price 5 months ago , if it held it and if the Judith field was proved with a successul exploration drill it would have Emperor shares valuation at roughly $50 a share.
As it is the price pulled back to $20/GJ 4.5 x last summers price that would equate to about $10- $20 per share.
Its a risk versus reward play , note the word risk ,and if successful put the timing in perspective for eg if they had a successful drill today the field would command a greater valuation because of the gas crisis
Ann: Positive initial results of AVO Analysis 3D Seismic Data, page-40
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Last
2.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.47M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 35000 | 2.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.7¢ | 80000 | 1 |
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| Last trade - 16.21pm 27/06/2025 (20 minute delay) ? |
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