I think GDN has gone to ground as he might now realise the bulk of BYE reserves sit outside of 1P and are largely undeveloped.
he worked out potential value on OEL reserves (which are all producing or behind pipe) come from fields with stabilised production declines (compared against significant and continued declines across the various SM58 wells) and seemingly simply applied the rates to BYE.
it appears he has made a number of errors …. It’s clear for anyone to see even if you assume BYE reserves are contained solely in SM58 his numbers still don’t stack up.
Seems certain holders are doing all in their power to do anything to discuss the share. Back in reality SP near all time lows with limited liquidity and net income down to around $115k day (based on July BOEM production data - think this could be generous noting performance of g2/3/5 declining more than G1 oil production).
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I think GDN has gone to ground as he might now realise the bulk...
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Last
5.9¢ |
Change
-0.001(1.67%) |
Mkt cap ! $63.64M |
Open | High | Low | Value | Volume |
5.8¢ | 6.0¢ | 5.8¢ | $2.047K | 34.94K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 97687 | 5.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.0¢ | 331777 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 97687 | 0.059 |
3 | 411580 | 0.058 |
4 | 635714 | 0.056 |
2 | 1200000 | 0.055 |
3 | 1838999 | 0.054 |
Price($) | Vol. | No. |
---|---|---|
0.060 | 331777 | 2 |
0.066 | 78500 | 1 |
0.067 | 40000 | 1 |
0.070 | 25555 | 2 |
0.073 | 14000 | 1 |
Last trade - 15.56pm 06/05/2024 (20 minute delay) ? |
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Last
5.8¢ |
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Change
-0.001 ( 1.69 %) |
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Open | High | Low | Volume | ||
5.8¢ | 5.8¢ | 5.8¢ | 10526 | ||
Last updated 12.21pm 06/05/2024 ? |
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