About the current market cap depending on capex assumptions. Self-financing Pilot validates the much bigger opportunity and should finally eliminate the environmental permitting risk.
This is about as asymmetric risk/reward as I’ve seen in a long time. The team (incl US Shale drilling/completion partners) is world class, the massive commercial scale is as proven as it could be at this stage and goal alignment is strong. Keeping a fair bit of my powder dry in case though.
About the current market cap depending on capex assumptions....
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Last
16.0¢ |
Change
-0.005(3.03%) |
Mkt cap ! $329.6M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 16.5¢ | 16.0¢ | $188.4K | 1.170M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 731727 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 211694 | 6 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
16.0¢ |
Change
-0.005 ( 2.20 %) |
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| Open | High | Low | Volume | ||
| 16.3¢ | 16.5¢ | 16.0¢ | 303956 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| TBN (ASX) Chart |