My rough figures:
189M barrels of oil (ignore gas for now).
At Fid - its USD $10 per barrel. That equates to $1.89 billions.
Our 20% is worth USD $378M - equating to AUD $548M plus our $100M in cash.
Valuation of CVN should be circa AUD $650M (excluding any valuation for our gas).
That should be more than "double" current price of 17 cents.
Ann: STO: Dorado regulatory approval, page-44
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Last
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $277.3M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.5¢ | 14.5¢ | $225.9K | 1.493M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 717277 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 1291149 | 7 |
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| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| CVN (ASX) Chart |