There are many ways to sort out the end result personally the 3% royalty could be built in but I doubt it, the big boys like owning the lot so 3% could easily be translated into a smaller upfront cash compensation.
The old saying "A bird in the hand is worth two in the bush"
If we are in the proven 75MM barrels of condensate, just the condensate at current brent prices equates to Approx $7.5B US this could equate to tidy EXR bonus for us holders whilst we wait for Gobi H2 and the Mongolian Methane.
Happy days ahead
DYOR and NFA
Ann: Trading Halt, page-55
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Last
16.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $197.4M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.0¢ | 16.0¢ | $254.5K | 1.534M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 316607 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 106270 | 7 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| EXR (ASX) Chart |