This stock is very attractive on a comparables basis. Mkt Cap ca $5m for 190k boe pa and $5m net cashflow in the first year.
Compare that to the metrics of WEL which is currently worth twice as much for a similar production forecast.
Ann: Rex-4 Development Well Operational Update, page-11
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.271M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 622998 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 3431 | 1 |
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