Gwenny was drilled by BHP, Idris is the proposed appraisal well. Think Gwenny was estimated to have enough to cover costs.
My thinking - chance of success at Idris was previously given at 40% owing to what was drilled at Gwenny. So even if you have to give away 80% at P50 = $1B x 20% x 40% = 80m or 15x current market cap. But in reality the scenario is either $0 or $200m for Idris (i.e. excluding any new vend)
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-29
-
- There are more pages in this discussion • 43 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add IPB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.532M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 5919984 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 1200000 | 3 |
View Market Depth
| Last trade - 16.12pm 06/09/2024 (20 minute delay) ? |
| IPB (ASX) Chart |
Day chart unavailable